Let The Q4 Earnings Season Begin!
Excess deposits are falling and consumers are financing more of their spend
Succinct Summary: Banks kicked off earnings season last week. Excess deposits are falling and consumers are financing more of their spend, but overall their balance sheets are still relatively healthy. Credit quality remains very strong. Inflation is falling some, but the Fed plans to continue raising rates above 5%. This could push us into recession, b…
Keep reading with a 7-day free trial
Subscribe to The Transcript to keep reading this post and get 7 days of free access to the full post archives.