Financials Strategy – Macroeconomic Expectations Recent Bank Earnings Guidance & Outlook
Robert Albertson’s most recent piece brings him back to his roots - he is a bear at heart. I can see his point, though. Beyond the charts and numbers, public sentiment has turned even more negative than in the past year. In addition, public behavior - consumer and business alike - has changed markedly. Spending is down across the board, open jobs are down dramatically, and unemployment is up meaningfully as well. Major metro market…