CNBC reporter and Trader Talk blogger Bob Pisani reports again from the New York Stock Exchange, noonday Tuesday.
Pisani says "Wall Street" is watching financials with a keen eye, as earnings season gets underway. He reports that traders believe credit will continue to deteriorate through the second and third quarter.
Pisani discusses trader concern that losses in commercial and industrial real estate will eclipse residential housing. He also covers creditcard debt; reserves for non-performing loans (NPLs); the 19 banks being stress-tested; Citigroup; and the ProShares UltraShort Financials ETF.
For more, seePisani's Blog: Bank Stocks Still a Focus
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