RUSH TRANSCRIPT Earnings that ░░░░░░░░ move the markets were ░░░░░░░░ even more of those ░░░░░░░░ and will continue to ░░░░░░░░ it down for you ░░░░░░░░ morning investors hoping that ░░░░░░░░ there so could be ░░░░░░░░ sign and how well ░░░░░░░░ economy is positioned to ░░░░░░░░ inflation and higher energy ░░░░░░░░ which have drawn stocks ░░░░░░░░ in recent weeks energy ░░░░░░░░ briefly here they re ░░░░░░░░ to climb futures for ░░░░░░░░ crude the international benchmark ░░░░░░░░ rose more than 4 ░░░░░░░░ saying about 84 a ░░░░░░░░ and for more on ░░░░░░░░ markets I want to ░░░░░░░░ in George see who ░░░░░░░░ the CEO of capital ░░░░░░░░ for joining us here ░░░░░░░░ morning George we ve ░░░░░░░░ to dive right and ░░░░░░░░ ve had a few ░░░░░░░░ quarter earnings come out ░░░░░░░░ this morning primarily in ░░░░░░░░ banking sector really drawing ░░░░░░░░ of that attention so ░░░░░░░░ are these numbers telling ░░░░░░░░ telling you so far ░░░░░░░░ very good morning to ░░░░░░░░ I think the market ░░░░░░░░ stocks recently a brief ░░░░░░░░ it s basic We ░░░░░░░░ a whole lot of ░░░░░░░░ where the last several ░░░░░░░░ it added The image ░░░░░░░░ people price target worry ░░░░░░░░ any comes right back ░░░░░░░░ and it basically goes ░░░░░░░░ whole lot of nowhere ░░░░░░░░ I think if we ░░░░░░░░ going to see the ░░░░░░░░ Continue to gain continue ░░░░░░░░ move upward In fact ░░░░░░░░ next 6 to 12 ░░░░░░░░ you re going to ░░░░░░░░ to see these bank ░░░░░░░░ 9 starts even even ░░░░░░░░ stocks like that girls ░░░░░░░░ in some of these ░░░░░░░░ fuel stocks went up ░░░░░░░░ great earnings numbers that ░░░░░░░░ get a move that ░░░░░░░░ other parts of the ░░░░░░░░ we ve been looking ░░░░░░░░ that Last 7 years ░░░░░░░░ bank stocks that they ░░░░░░░░ be just been treading ░░░░░░░░ Super flat so we ░░░░░░░░ going to see millions ░░░░░░░░ other sectors of Stay ░░░░░░░░ and the fire from ░░░░░░░░ earnings that have come ░░░░░░░░ so far from The ░░░░░░░░ names that we ve ░░░░░░░░ to Morgan Stanley were ░░░░░░░░ to them in a ░░░░░░░░ as well But also ░░░░░░░░ course we got yesterday ░░░░░░░░ of the larger names ░░░░░░░░ course out there this ░░░░░░░░ we got a Bank ░░░░░░░░ America that we broke ░░░░░░░░ or if our viewers ░░░░░░░░ fargo as well is ░░░░░░░░ anything from the data ░░░░░░░░ s been released where ░░░░░░░░ can extrapolate some type ░░░░░░░░ trend that and how ░░░░░░░░ banks are engaging with ░░░░░░░░ consumers that could give ░░░░░░░░ a sense of where ░░░░░░░░ consumer finds themself as ░░░░░░░░ go into and are ░░░░░░░░ the last quarter of ░░░░░░░░ Yes I think it ░░░░░░░░ It will bring American ░░░░░░░░ Balance sheets and income ░░░░░░░░ banks statements and every ░░░░░░░░ option of running a ░░░░░░░░ bank if elected and ░░░░░░░░ major and thanks a ░░░░░░░░ of regional banks to ░░░░░░░░ banks are good suit ░░░░░░░░ the consumer is bounce ░░░░░░░░ better from the pandemic ░░░░░░░░ I think most people ░░░░░░░░ war This upgraded and ░░░░░░░░ I think we re ░░░░░░░░ strong position It s ░░░░░░░░ is sec during in ░░░░░░░░ of not just the ░░░░░░░░ but around the globe ░░░░░░░░ its banks are open ░░░░░░░░ business energy and soup ░░░░░░░░ I think it s ░░░░░░░░ encouraging I think the ░░░░░░░░ porch of the markets ░░░░░░░░ It is here It ░░░░░░░░ stocks were people want ░░░░░░░░ to read the page ░░░░░░░░ mark moos securities they ░░░░░░░░ Thanks alyssa I think ░░░░░░░░ I mean I just ░░░░░░░░ t move around a ░░░░░░░░ So I m not ░░░░░░░░ if they can assume ░░░░░░░░ market leadership position in ░░░░░░░░ next year to 18 ░░░░░░░░ I hope it be ░░░░░░░░ for the market We ░░░░░░░░ just get earnings in ░░░░░░░░ Morgan Stanley so let ░░░░░░░░ just pause for a ░░░░░░░░ here Morgan Stanley earnings ░░░░░░░░ coming in and we ░░░░░░░░ got to be from ░░░░░░░░ bank earnings coming in ░░░░░░░░ one 1 98 a ░░░░░░░░ versus the one 1 ░░░░░░░░ estimate that analysts were ░░░░░░░░ revenue that came in ░░░░░░░░ 14 75 billion dollars ░░░░░░░░ the 14 billion dollars ░░░░░░░░ mitt so be on ░░░░░░░░ the top and bottom ░░░░░░░░ there we re seeing ░░░░░░░░ market shares moving higher ░░░░░░░░ about one point 7 ░░░░░░░░ that is with the ░░░░░░░░ of their gear today ░░░░░░░░ from Morgan Stanley higher ░░░░░░░░ a little more than ░░░░░░░░ as well George and ░░░░░░░░ for banks to be ░░░░░░░░ the big draw That ░░░░░░░░ would perhaps like them ░░░░░░░░ be as well given ░░░░░░░░ growth that we ve ░░░░░░░░ in the financial sector ░░░░░░░░ the course of this ░░░░░░░░ as well you know ░░░░░░░░ is it going to ░░░░░░░░ for the banks to ░░░░░░░░ innovates to attract more ░░░░░░░░ do you believe that ░░░░░░░░ s going to be ░░░░░░░░ an acquired a growth ░░░░░░░░ and some strategic Acquisitions ░░░░░░░░ take place by the ░░░░░░░░ and not just on ░░░░░░░░ training side that we ░░░░░░░░ seen in recent years ░░░░░░░░ then additionally on some ░░░░░░░░ the other fintech plays ░░░░░░░░ think about the peer ░░░░░░░░ peer transactions that that ░░░░░░░░ through and even further ░░░░░░░░ cryptocurrency and how a ░░░░░░░░ of attention is thrust ░░░░░░░░ what will it take ░░░░░░░░ the banks to really ░░░░░░░░ to sure up some ░░░░░░░░ that interest from consumers ░░░░░░░░ thus new investors as ░░░░░░░░ Well I think I ░░░░░░░░ financial firms you can ░░░░░░░░ a very serious threat ░░░░░░░░ their business models in ░░░░░░░░ wedding vendors it s ░░░░░░░░ a long period of ░░░░░░░░ You target Morgan Stanley ░░░░░░░░ I like that that ░░░░░░░░ a good one to ░░░░░░░░ Really come up in ░░░░░░░░ rankings in terms of ░░░░░░░░ will we or our ░░░░░░░░ is leading a bank ░░░░░░░░ the recurring queen with ░░░░░░░░ Business they ve been ░░░░░░░░ But I think we ░░░░░░░░ need to multiple recent ░░░░░░░░ standpoint We rate the ░░░░░░░░ and financial firms to ░░░░░░░░ we re not our ░░░░░░░░ a long time it ░░░░░░░░ a great motor they ░░░░░░░░ been so ironically with ░░░░░░░░ rates rising in that ░░░░░░░░ thing the slick start ░░░░░░░░ will help the banks ░░░░░░░░ spread some here on ░░░░░░░░ they can Morrow at ░░░░░░░░ the wind that will ░░░░░░░░ out and give them ░░░░░░░░ probabilities I think that ░░░░░░░░ help them All right ░░░░░░░░ ton of earnings that ░░░░░░░░ come out this of ░░░░░░░░ we ll continue to ░░░░░░░░ those for our viewers ░░░░░░░░ well as perhaps the ░░░░░░░░ of the earnings results ░░░░░░░░ come through pizza chain ░░░░░░░░ s posting strong to ░░░░░░░░ numbers with an eps ░░░░░░░░ 3 24 a share ░░░░░░░░ the quarter that s ░░░░░░░░ the estimated 3 10 ░░░░░░░░ share and then revenue ░░░░░░░░ dominoes that increased that ░░░░░░░░ and up 30 or ░░░░░░░░ me 3 1 for ░░░░░░░░ 3rd quarter increased by ░░░░░░░░ points 3 million dollars ░░░░░░░░ the chain shows a ░░░░░░░░ increase compared to its ░░░░░░░░ 3 numbers Last year ░░░░░░░░ know just last may ░░░░░░░░ want to get your ░░░░░░░░ to dominoes considering we ░░░░░░░░ going into one of ░░░░░░░░ parts of the year ░░░░░░░░ people are known to ░░░░░░░░ more gatherings typically of ░░░░░░░░ that was not the ░░░░░░░░ in q 4 of ░░░░░░░░ year given the rising ░░░░░░░░ cases that we ve ░░░░░░░░ tracking but could this ░░░░░░░░ be and the vaccinations ░░░░░░░░ broadly and the reopening ░░░░░░░░ the economy be a ░░░░░░░░ wind the domino s ░░░░░░░░ able to successfully right ░░░░░░░░ Well you would think ░░░░░░░░ all state home influences ░░░░░░░░ last year Taking advantage ░░░░░░░░ that in this report ░░░░░░░░ the greed that is ░░░░░░░░ you miss a brand ░░░░░░░░ football I love to ░░░░░░░░ said Economy start open ░░░░░░░░ all the way across ░░░░░░░░ country not just in ░░░░░░░░ Walker what much so ░░░░░░░░ imagine you could do ░░░░░░░░ help out We come ░░░░░░░░ up the