Banks kick off earnings season, are you fading the CPI fear?
7/12/2021 4:25:16 PM GMT It is the start of earnings season for US equities, with major banks reporting this week. Let’s see how bank earnings pair up with the much anticipated CPI data on Tuesday morning. After last week’s sudden Thursday dip and subsequent rebound on Friday to close at all-time highs in the $SPX, I hope the weekend has you feeling relaxed and rejuvenated. I say that because this week could provide some elements of fireworks; given the economic data on tap and the beginning of the Q2 earnings season. The Banks. In the second half of last week, our analyses focused on int...
Source: fxstreet.com