13-01-2017 16:08 via feedproxy.google.com

Wall Street is back (KBE, JPM, BAC)

Wall Street banks kicked off fourth-quarter earnings on Friday, and the tone was pretty optimistic.
Two of the largest banks in the US, JPMorgan and Bank of America, beat analyst expectations, and JPMorgan beat on revenue expectations as well.
But the brightest spot was the firms' — and their CEOs' — commentary on the outlook for 2017.
"With strong leadership positions in our businesses against a backdrop of rising interest rates, we are well-positioned to continue to grow and delive
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