A normalized yield curve eventually is very good for banks, says Gabelli Funds' Macrae Sykes
Macrae Sykes, Gabelli Funds portfolio manager, joins 'Squawk Box' to break down the quarterly earnings results from JPMorgan Chase and Wells Fargo, the Fed's rate path outlook, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAppCNBC
www.cnbc.com/select/best-cred...
#CNBC
#CNBCTV
Пікірлер: 3
I can't quite wrap my mind around it when pundits say lower interest rates are good for banks.
@waynekirshner7155
23 күн бұрын
I think slightly lower rates because it will stimulate activity with housing and it eases the losses they have on bonds they bought when rates were very low.
This dude's answer right off the bat was "Yeah"... Like he just lost a ton of money from his 0DTE WFC calls. 😂