Tag Archives: Investment strategy

Fed Kaplan says US economy to see above-trend growth in 2021

Dallas Federal Reserve President Robert Kaplan said that economic growth in the United States will accelerate next year as the country recovers from the coronavirus crisis. “In ’21, we will see above-trend growth, and we will continue to reduce the unemployment rate,” Kaplan said on CNBC’s “Closing Bell” on Tuesday. …

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Wells Fargo (WFC) Earnings 2Q 2020

Charles Scharf Michael Nagle | Bloomberg | fake pictures Wells Fargo released its first quarterly loss since the financial crisis on Tuesday, as the bank set aside $ 8.4 billion in reserves for credit losses linked to the coronavirus pandemic. The bank had a net loss of $ 2.4 billion …

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Citigroup (C) Q2 2020 earnings

Pedestrians pass by a Citibank branch in Washington, DC Andrew Harrer | Bloomberg | fake pictures Citigroup reported second-quarter results on Tuesday that beat analysts’ expectations thanks in part to a massive surge in business revenue that helped offset a slowdown in the company’s consumer banking business. This is how …

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