David Herro on Trump's Message, Banks, and Glencore

The transcript discusses economic policies, focusing on tax reform, deregulation, and trade restrictions. It highlights the impact of healthcare policies on financial optimism, particularly in the context of the Trump administration. The European financial sector is analyzed, with emphasis on undervaluation and investment opportunities. Citigroup's performance and trade concerns are addressed, alongside Glencore's financial recovery. The discussion concludes with an exploration of investment opportunities and risks, considering political events and market valuations.

What are the speaker's thoughts on the valuation of European financials?

What does the speaker identify as a significant risk for Citigroup related to trade?

What strategies does the speaker suggest for navigating political instability in Europe?

What does the speaker believe is necessary for companies to generate cash flow despite political events?