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Wang: Banking Sector Good Gauge For Rest of Economy
Manage episode 494585650 series 3645668
Andrew Wang says despite the tariff news, markets keep climbing higher and that banking earnings provide a good read on the rest of the economy. In the wake of bank earnings from JPMorgan Chase (JPM), Citigroup (C) and others, he says trading volumes appear to be remaining healthy as investors look at future government spending post "One Big Beautiful Bill." In terms of global trade, Andrew highlights that none of this week's tariff headlines have impacted trade with China yet.
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6377 episodes
Manage episode 494585650 series 3645668
Andrew Wang says despite the tariff news, markets keep climbing higher and that banking earnings provide a good read on the rest of the economy. In the wake of bank earnings from JPMorgan Chase (JPM), Citigroup (C) and others, he says trading volumes appear to be remaining healthy as investors look at future government spending post "One Big Beautiful Bill." In terms of global trade, Andrew highlights that none of this week's tariff headlines have impacted trade with China yet.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
6377 episodes
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