Wall Street Banks Results! Know what will be the bank earnings?

2nd-quarter Banks Results Report:

Experts believe that after becoming very active in the first half of the year, the pace should be very slow.

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JPMorgan CEO Jamie Dimon recently said that the company is preparing for a "non-benign environment" and "bad outcomes".

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Let us tell you that Morgan Stanley and JP Morgan Chase & Co are going to report their earnings for the second quarter this Thursday.

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JPMorgan CEO Jamie Dimon warned his investors to prepare themselves for an impending economic "storm".

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As per the data, the Consumer Price Index is estimated to show an 8.8% annual gain in June as against 8.6% in May.

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Investors earned $1.1 billion last week. US leveraged loan funds saw a fourth consecutive week of outgoing cash.

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This week ended a three-week streak of outflows and US high-yield funds reported an inflow of $88.9 million.

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The ensuing economic gloom has prompted the sell-off. The S&P 500 closed its worst first half of a year in five decades.

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