Falling Bank Earnings Signal Stress Ahead | The Mike & Mario Show
The money made in the second quarter stinks. Everything that has to do with stocks and bonds is hurting. Investment banking income is down by about a third to a half from one year to the next.
How will the R-word, or recession, affect banks in the second half of the year? This is an important question.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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