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Surveillance: U.S. Bank Stocks May Rise Another 50%, Mayo Says

Surveillance: U.S. Bank Stocks May Rise Another 50%, Mayo Says

FromBloomberg Surveillance


Surveillance: U.S. Bank Stocks May Rise Another 50%, Mayo Says

FromBloomberg Surveillance

ratings:
Length:
28 minutes
Released:
Jan 12, 2017
Format:
Podcast episode

Description

Mike Mayo, an analyst at CLSA Ltd., says the stocks will surge as he expects at least 4 percent revenue growth for U.S. banks during the next four years. Prior to that, Stephen King, HSBC's senior economic adviser, discusses the effect Donald Trump will have on the World Economic Forum. Jonathan Loynes, an economist at Capital Economics, says he has factored in a boost to U.S. economy's GDP growth this year due to fiscal stimulus from tax cuts. Finally, Ed Hyman, chairman at Evercore ISI, says if the economy picks up, productivity will pick up as well.
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Released:
Jan 12, 2017
Format:
Podcast episode

Titles in the series (100)

Tom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.