Big banks set aside $4 billion for a recession. Investors are more optimistic: Morning Brief

Big banks set aside $4 billion for a recession. Investors are more optimistic: Morning Brief

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Saturday, January 14, 2022

Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App.

Big banks including JPMorgan, Wells Fargo, Citigroup, and Bank of America all reported quarterly results on Friday.

These firms collectively sent a clear message to…


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