barbara ann, do you agree? >> i love the macro story but hate the micro this company's ebit doesn't cover it's interest expense, it's a zombie, zombies give me nightmares no thanks. >> okay. next up united health, trade or fade it. >> i got to fade this one. i've been talking to a lot of artificial intelligence people looking at disruptive technologies and there's a disruptor momentum coming to the insurance space and i think united health is, you know, the pe is not bad, business is not bad, it's one of those big industries that's yet to be disrupted. long term i think there's weakness short-term i think there's so much strength in the market got to come off i'm going to fade it. >> guy up 7% year-to-date trade it fade it? >> probably the prudent thing to do, james but what he's talking about is not going to happen for quite some time. the stock is around all-time highs and got the valuation it deserves i continue to say long unh in earnings next week. >> and finally, pepsi reports thursday barbara, ann. >> i'

barbara ann bernard with wincrest. we will take a quick break.s one of the things you should be focusing on when it comes to bank earnings according to analyst mike mayo at wells fargo. he will explain his thinking as we weigh jp morgan numbers tomorrow morning. we will be right back. ♪ ♪ matt: this is "bloomberg markets " and i matt miller with amber kanwar. big banks reporting results. jp morgan, goldman sachs, bank of america a the names expected to release numbers. jp morgan and goldman sachs tomorrow, bank of america and citigroup thursday with morgan stanley. mike mayo is head of large bank research at wells fargo securities. previous quarters have been really driven by the trading activity, at least in terms of revenue growth. is that the same for q1 or do we see another leader? mike: we can summarize the quarter as the 5 c's. one would be capital markets but with credit quality, return of capital, the yield curve and cost control. capital markets certainly are stronger for longer and we think the biggest earnings surprise will come from g