CNBC had financial analysts speak about the current economic health of the country. Eventually the topic came around to the banking system. Out of of all the big boys, they listed Citi dead last when it came to buying Citi stock. They all agreed that Jane has done the best she could and better than her predecessor but still Citi is dead last of all the banks on stock growth past, present and future. No one counter agued the point.
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Citi is the worst house the best neighborhood so they are still fine...
Regardless of what earnings show, one quarter does not make a company's LONG TERMS business model, management style, and business strategy go from undesireable to desireable. If JPMs earnings were any indication, the banks should all beat expectations, which would include Citi
Well I hope tomorrow’s earnings, whatever they are, proves them all wrong.