Brean's Tchir Says Product Mix Benefitted Big Banks

The transcript discusses the financial performance of major banks, focusing on Morgan Stanley's success in investment grade issues. It highlights the market slowdown and reduced volatility, with a specific look at the Treasury VIX and risk parity index. The discussion also covers the potential impact of cross asset correlation on big banks, emphasizing the need for increased market activity to benefit financial institutions.

What factors are contributing to the success of big banks in the current quarter?

How has the investment grade new issue market performed recently?

What does the speaker suggest about the future of volatility in the market?

What is the significance of the Risk Parity Index mentioned in the discussion?

What concerns does the speaker express regarding Goldman Sachs and their commodities business?