Big Banks Roll On

This podcast episode discusses the recent earnings report of Bank of America, highlighting their record quarter for equities trading and growth in investment banking fees. There is uncertainty regarding net interest income and skepticism about the likelihood of three rate cuts. The discussion also focuses on the trust older generations have in Zelle as a dominant money transfer method and the changing sentiment towards Bank of America. Additionally, the plateauing of credit card delinquencies and the factors contributing to this trend are explored. The financial performance of Prologis, an industrial property REIT, is analyzed, with a focus on their rent growth and shift towards investing in data centers. The potential of bond ETFs as a $6 trillion industry by 2030 is discussed, emphasizing the advantages of fixed income investments and the sweet spot period for generating returns. Overall, this episode provides insights into various financial topics and investment opportunities.