Brace Yourselves. Regional Bank Earnings Are Coming.

Next week will be the moment of truth for this nascent bull market as dozens of regional banks across the country will report their second quarter earnings. Already wounded from the deposit flight and panic that saw several of the largest bank failures in US history, these small fish in a big pond have lost market share to their larger rivals and been forced to take out expensive debt to sustain themselves. With more than 80% of US Commercial Real Estate Debt sitting on the balance sheets of Regional Lenders, next week is make or break for markets. Will it sound the all clear for stock to continue ripping higher? Or will the few remaining bears be vindicated?