Awards and Press

January 10th, 2023

As banks prepare to report fourth quarter earnings…

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Client Portfolio Manager Brian Mulberry spoke with @SteveGelsi of @MarketWatch about the outlook for megabanks in 2023 and how they could benefit from an economic slowdown. Read more here:

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Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts an investment manager for individuals and institutions. Zacks Investment Research is a provider of earnings data and other financial data to institutions and to individuals.

This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Do not act or rely upon the information and advice given in this publication without seeking the services of competent and professional legal, tax, or accounting counsel. The information contained herein has been obtained from sources believed to be reliable but we do not guarantee accuracy or completeness. Publication and distribution of this article is not intended to create, and the information contained herein does not constitute, an attorney-client relationship. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole.
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The latest economic data shows slowing wage growth, but the labor market remains tight.
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“The strong labour market will prevent the Fed from providing relief to the economy in the form of lower interest rates that most people are expecting,” said Client Portfolio Manager Brian Mulberry in response to the latest jobs numbers.

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