VIDEO: Our Outlook on Big Bank Earnings With Markets in Wait-and-See Mode
Plus, TheStreet Pro Portfolio manager Chris Versace describes his approach to oil price questions and inflation risks.
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What to Look for When the Banks Start Reporting
In today’s Portfolio video, Chris Versace joins Julie Gillespie at TipRanks to discuss why U.S. equity markets are once again in wait-and-see mode.
The cause? Geopolitical tensions with Iran, shifting Federal Reserve expectations and a critical stretch of bank earnings all collide.
He also discusses how we’re approaching oil price questions, inflation risks and what ISM’s Service Sector PMI revealed on that front. As we get ready for Big Bank earnings, Chris shares what key items the Portfolio will be focusing on.
Related: Why I'm Fading a 'Ceasefire Rally' as Trump's Iran Deadline Approaches
