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Let 3Q(uid) Games Begin

Let 3Q(uid) Games Begin

Banks kicked of the 3Q21 earnings season last week

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Erick Mokaya
Oct 18, 2021
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Let 3Q(uid) Games Begin
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Succinct Summary: It was the first week of earnings season last week and banks kicked off as usual. Banks generally reported strong earnings, assisted by reserve releases and benign credit. Consumer spending continues to fuel growth. But inflation is also “brutally high” and the supply chain is “crushingly bad.” Even the Fed is beginning to recognize th…

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