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October 12, 2009 at 08:00 PM
If there’s one thing that’s more important than jobs when it comes to clear signs of the economy’s health, it’s corporate earnings. This week there’s a passel of quarterly earnings reports, starting on Monday and ending on Friday, that will not only show how the banking sector is doing, but also how well some major brokerage firms–and the largest custodian for RIAs–are doing.
On October 12, Charles Schwab is scheduled to report third quarter results; on October 13, Goldman Sachs; on October 14, JPMorgan Chase; on October 15, Citicorp; and on October 16, Bank of America.
