Bank Earnings, Reaction to Trump's Diesel Deal, More
Summary
This episode covers major bank earnings, noting Goldman Sachs’ strong equities trading and JPMorgan’s fixed income decline, alongside raised profit guidance from Johnson & Johnson and UnitedHealth. The report also addresses geopolitical tensions, including President Trump’s dismissal of Russian and Chinese aid to Iran, a diesel deal with Moscow, and escalating drone attacks on Saudi Arabia. Additionally, it highlights a federal search of Rep. Ilhan Omar’s home, a fatal Six Flags accident, and Fed Governor Christopher Waller’s comments on AI debt driving rising long-term yields.
Topics discussed
Sponsor: PayPal Pay Later
Bank earnings: Goldman, JPMorgan, Wells Fargo
Analysis: Fixed income trading outlook
Earnings: Johnson & Johnson and UnitedHealth
Trump dismisses Russia/China aid to Iran
Criticism of Trump's Russia diesel deal
Houthi attacks on Saudi Arabia and US role
Federal search of Ilhan Omar's home
Six Flags coaster incident and closures
Fed Governor Waller on yields and inflation
Market wrap: Futures, yields, and oil
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Sponsor: Navy Federal Credit Union
Sponsor: 4imprint business gifts
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