Category: Fargos
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Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)
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yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…
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Big banks poised for multi-year inflection point, Wells Fargo’s Mike Mayo says (NYSE:STT)
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yongyuan Big banks’ second-quarter earnings support the case that the sector is “at a multi-year inflection point from negative to positive growth in revenue, operating leverage, and earnings per share growth,” says Wells Fargo analyst Mike Mayo. The “five Ps” – central banks, capital markets, costs, credit, and capital –…
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Wells Fargo’s top five portfolio ideas for the next 18 months By Investing.com
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Wells Fargo offered guidance for investors planning to navigate the next 18 months in a note this week, highlighting five key portfolio ideas. Looking to 2025, Wells Fargo expects opportunities to “expand equity exposure” during market downturns and potentially “increase portfolio returns” if interest rates remain high. They also recommend…