Cannon: Wells Fargo Least Favorite of Our Big Banks

The video discusses the current state of bank earnings, highlighting a positive outlook due to headline beats and net interest margins. It addresses the dual impact of interest rates on banks, particularly in the mortgage sector, and the challenges Wells Fargo faces in rebuilding trust after scandals. The correlation between stock performance and bond yields is explored, with predictions on future trends. The bank sector's potential benefits from higher rates, less regulation, and tax reforms are analyzed, along with the risks of increased regulation.

What correlation is discussed between the S&P 500 and the US 10-year bond yields?

What potential impacts could tax reform and lower regulation have on bank earnings?