big banks like JPMorgan and Citi are starting to report their earnings, which is how much money they made during the last few months. People are excited to see how much money the banks made, because it can give clues about how the whole economy is doing. But some people think the banks might not have made as much money as everyone hopes, because of things like interest rates and loan losses. The banks are expected to report growth, but not as much growth as other companies. So, everyone is waiting to see the results and what it means for the future of the banks and the economy. Read from source...

The article titled "JPMorgan, Citi Kick Off Big Bank Reporting Season As Expectations Remain Muted Amid Economic Headwinds: Q2 Earnings Preview" analyzes the financial sector's Q2 earnings and provides predictions for the biggest banks' performance.

However, the article's predictions seem to be based on historical data, economic conditions, and expert opinions, rather than a comprehensive analysis of the banks' financial health. For instance, it highlights the impact of interest rates on the banks' earnings and mentions that the Fed's stress results showed a potential increase in commercial and industrial loan loss rates. But it doesn't provide enough information to support these claims or explain their implications on the banks' bottom lines.

Additionally, the article seems to have a positive bias towards the banks, as it focuses on their potential earnings growth rather than the risks and challenges they face. It also praises the banks' ability to weather economic headwinds, despite the muted expectations for the reporting season.

Moreover, the article lacks personal stories and critics' opinions about the banks' performance, which could have provided valuable insights and perspectives. It only quotes financial experts and refers to historical data to support its predictions.

Overall, while the article provides useful information about the financial sector's Q2 earnings and the banks' reporting season, it could have benefited from more critical analysis, diverse perspectives, and personal stories.

Neutral

In this article about the big banks' reporting season, the sentiment appears to be neutral. It discusses expectations for earnings growth, interest rates, and revenue, but does not give a clear bullish or bearish outlook. While some financial sectors are expected to contribute significantly to year-over-year earnings growth, the overall picture is not overly optimistic or pessimistic. The article also mentions challenges in the M&A market and mortgage banking, but does not lean heavily in either direction. Overall, the tone of the article seems to be balanced, making the sentiment neutral.

Based on the article, JPMorgan and Citi are starting the big bank reporting season, and expectations remain muted amid economic headwinds. The financial sector is expected to report 4.3% YoY earnings growth, which is lower than the 8.8% growth predicted for the S&P 500 companies as a group. Within the capital markets industry, the investment banking and brokerage business may have seen a 53% jump in earnings growth, while financial exchanges and data and asset management and custody banks may have seen 10% growth each. The interest rate environment remained a marginal negative in Q2, and sluggish loan growth may have dented net interest income to some extent. Mortgage banking may have benefitted from higher origination activity, and wealth and asset management may have benefitted from the 3.9% gain posted by the S&P 500 during the quarter. The Earnings Schedule includes reports from JPMorgan, Citi, Wells Fargo, Bank of New York Mellon, Goldman Sachs, Bank of America, and Morgan Stanley.