5 ordspråk av Ron Mandle

Ron Mandle

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The earnings are pretty good -- either in line or better than expected. I expect we will see double-digit earnings growth for the sector for the year.

Chase has the customers and Morgan has the products.

The earnings have been good. It indicates the fundamental trends are continuing to be good for the banking industry. I think we'll see 10 to 12 percent growth for the industry next year.

Most of the major banks have already been giving the data anyway, so comparability won't be a problem, because we already have the data.

The bank stocks are affected by what the Fed does. If the Fed's going to be pushing rates up aggressively, it's going to hard for bank stocks to significantly do better than the market. But I think some of the stocks are cheap enough that they're worth at least nibbling on at this point.

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