Q1 earnings from major U.S. banks could be our clearest signal yet on a looming recession. If credit losses rise and loan growth slows, that’s a warning sign. Watch JPMorgan, Bank of America, and Citigroup—how cautious are they in their guidance? Their tone on consumer spending and commercial activity will tell us more than any Fed speech. If they’re building reserves, it means trouble ahead. Bank balance sheets don’t lie.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments