Bloomberg BusinessWeek: Big Banks Kick Off Earnings Season

Darrell Crate, Chairman and Managing Principal of Easterly Investment Partners, provided an overview of the markets, saying, “We’re seeing this fundamental transition from growth stocks to value stocks as people fear the Fed. This is beginning a theme that we’re going to see probably for the next year or two.” He added that “Finding companies with strong balance sheets that are favored in this market environment is really the way for equity investors to play this period.” Listen (starting at 21:15).