BNY Mellon's Liz Young on what bank stocks can signal to investors

Bank of America on Tuesday reported fourth-quarter profit that exceeded analysts' expectations as the firm released some of the cash it had set aside for loan losses. Liz Young, director of market strategy at BNY Mellon Investment Management, and Mike Santoli, CNBC's senior markets commentator, joined "Squawk Box" on Tuesday to discuss what financials can signal to investors.