Surveillance: U.S. Bank Stocks May Rise Another 50%, Mayo Says
Published January 12, 2017
29 min
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    Mike Mayo, an analyst at CLSA Ltd., says the stocks will surge as he expects at least 4 percent revenue growth for U.S. banks during the next four years. Prior to that, Stephen King, HSBC's senior economic adviser, discusses the effect Donald Trump will have on the World Economic Forum. Jonathan Loynes, an economist at Capital Economics, says he has factored in a boost to U.S. economy's GDP growth this year due to fiscal stimulus from tax cuts. Finally, Ed Hyman, chairman at Evercore ISI, says if the economy picks up, productivity will pick up as well.
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