Investment Banking

Investors look to bank earnings season for signs of a recession

JPMorgan and Morgan Stanley start banks’ quarterly financial reporting season on 14 July

The US economy might be headed for a recession — or it might not be. Investors will be looking to bank earnings to clear up the question.

The big banks start reporting second-quarter earnings this week, and what executives say about the state of the economy might matter to investors even more than how much profit the companies report.

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