Lower trading volume. Falling mortgage rates. An inverted Treasury yield curve. A slowing U.S. and global economy. The odds seem pretty stacked against big banks on multiple fronts as earnings season starts tomorrow.
From Wayne Duggan: Those who don't learn from history are doomed to repeat it, and Moody's Investors Service issued a warning to investors on Wednesday that U.S. banks are entering territory not seen since prior to the 2008 financial crisis. NYSE:IYF February 20, 2019 4:09pm