Real Vision managing editor, Ed Harrison, is joined by editor, Jack Farley, to break down today's bank earnings reports and look forward to the fate of the…
We may see another $50/share decline in AMZN, at which point the Nasdaq Whale will likely re-emerge, and repeat the gamma pump and dump, making a quick few million in the process.
"The economy is going to be far weaker under Biden. Everybody can see that... The deficits are going to be much bigger. The Fed’s going to be printing a lot more money. That is very bullish for gold.”
"I am not willing to trade millions of jobs for people who need a ladder rung up in order to keep the stock market from going up for a few who have those holdings."
If there is one constant during earnings season, it is that no matter what the other banks do, Wells Fargo will always shit the bed, and this time was no different...