Wall Street Alliance Group Partner, Aadil Zaman, Yahoo Finance Live, will be discussing the Q3 earnings season and the upcoming expectations from economic recovery and big banks.
There was an exchange of comments and discussion about the earning season where Aadil Zaman shared his thoughts with Alexis Christoforous. The interview opened up about the thoughts behind the earning season, which is an opportunity for the investors.
We wanted to trade and called Aadil Zaman, a member of the Wall Street Alliance Group. Adil, thank you for being with us.
Alexis, it’s good to be with you. Yes, we think investors should because it’s a time of quick victory. Other companies appear to have found new ways to address supply issues. We believe companies like Costco will be reimbursed because American consumers save more than $ 2 billion and are willing to do so when given the right opportunity.
Now, let’s talk a little bit about certain areas. I said the bank. They report. Deposit time starts within 15 minutes. What do you think about a big bank?
Yes, I believe you, Alexis; we are building on the value of the bank. As you know, when it comes to banking profits, the third quarter is usually slow, but I think all the traffic is looking at the forecast for the future. In our opinion, the Federal Reserve may enter next year in 2022 to raise interest rates.
Now we will talk about technology. Some of the money for the Megacap name is still visible. Facebook got its first hit with a rumored report and saw its foundation clearly. What are you using the latest technology for, especially Facebook now?
I think a lot of technology needs to be fixed, but I think there is a long way to go. As you know, it was a short time before you knew it, there was a chance to breathe, we believe it will work in the end.
Well, Aadil, I would like your opinion on some of the employment data obtained from the labor force today, it shows the number of workers: 4.3 million I went to work In August. This represents almost 3% of the labor. What do you find the reason for these high numbers, and what does this mean for the economic recovery of our business?
Yes, Alexis, the fact that the deduction rate is too high may be because people are still near the end of improving unemployment benefits, and people have a choice. They work in a secured financial record. In other words, we believe that over time, workers will have no choice but to return to work.
Okay, I left it that way. Well, I’ll talk about power later. Congratulations to Aadil Zaman, a member of the Wall Street Alliance Group.