The earnings season’s starting bell has rung, and bank stocks are off to the races this week with JPMorgan Chase & Co. (JPM) and the Bank of New York Mellon (BK) set to release fourth quarter earnings results on Tuesday.
Additionally, President Trump’s suggestion of a 10% cap on credit card fees has dragged down shares of major credit lenders on Monday.
RBC Capital Markets analyst Gerard Cassidy speaks with Julie Hyman about the impact a possible executive order could have on credit card companies.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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