Big Bank Earnings: What to Watch for in Fourth-Quarter

The video discusses upcoming financial reports from major banks and their significance in the current market context. It highlights the performance of the financial sector, including banks, insurance companies, and diversified financials, with a focus on indices like the KBW Bank Index and S&P 500. The video also outlines expectations for bank performance in upcoming earnings reports, noting that banks are expected to decline less than the benchmark. It concludes with a future outlook, predicting a slower recovery for banks compared to the benchmark and discussing market trends such as the rotation from growth to value.

Which financial institutions are mentioned as having upcoming earnings reports?

• City, JP Morgan, and Wells Fargo

• Goldman Sachs, Morgan Stanley, and Bank of America

• HSBC, Barclays, and Deutsche Bank

• UBS, Credit Suisse, and BNP Paribas

What is the KBW Bank Index's performance compared to the S&P 500 bank industry group?

• KBW Bank Index is outperforming by 3%

• KBW Bank Index is underperforming by 6%

• KBW Bank Index is relatively languishing

• KBW Bank Index is outperforming by 9%

What is the expected earnings decline for banks compared to the entire benchmark?

• 2.0% decline for banks vs. 1.5% for the benchmark

• 1.7% decline for banks vs. 1.6% for the benchmark

• 1.6% decline for banks vs. 1.7% for the benchmark

• 1.5% decline for banks vs. 2.0% for the benchmark

What is the expected peak recovery percentage for banks in 2020?

• 14%

• 8%

• 10%

• 12%

What market trend is discussed in relation to financials in the future?

• Rotation from value to growth

• Rotation from growth to value

• Increase in bond yields

• Decrease in bond yields