This summer, I showed you why it's important for every investor to be aware of what's happening on "Too Big to Fail" bank earnings calls.
You don't have listen yourself or read the transcripts (like I do), but investors would ignore the goings-on at their own peril.
I pay very close attention to what the bankers are saying on their calls every quarter.
In the "battlefield" of markets and the economy, the big banks are like the joint chiefs of staff, and the regional banks are the field generals.
Between the two, we can get a pretty good picture of what's going on in the financial world and the economy.
Now, let me be clear: I am not about trading the bigger banks. The banks I own, some of my favorite, most profitable investments, in fact, are the smallest community banks.
But like I said, the bigger banks and their earnings reporting are an invaluable source of information.