Echoing a message he delivered last year, Jay Bryson, chief economist of Wells Fargo’s Corporate and Investment Bank warned that federal spending and the government’s ever-increasing budget deficit ...
Wells Fargo has tempered its outlook for a bounce-back in banks' earnings to 20%+ for 2024-2026 from its prior view of 30%+ due to slower economic growth. But there's an upside, analyst Mike Mayo said ...