Recovery in Growth Should Happen This Quarter, Says Principal Global’s Chandgothia

The video discusses the current state of bank stocks, market expectations, and valuations in the US. It highlights the potential for a sustained recovery in financials if earnings beat expectations. The discussion also covers global growth concerns, geopolitical risks, and the impact of economic indicators like PMI on market outlook. The overall sentiment is cautiously optimistic, with a focus on cyclical sectors and the potential for growth recovery.

What are the expectations for bank stocks going into the earnings season?

How have financial stocks performed over the last 12 months according to the text?

What is the significance of buyback yields in the context of financial stocks?

What factors could potentially lead to a correction in the markets?

What signs indicate a potential recovery in growth according to the latest PMI releases?