thomas hayes is the chairman of great hill capital and expects positive surprises for investors in the sector. right now the estimates for bank earnings are plus 7% revenue growth, which is actually the highest of all 11 sectors in the s&p 500. i do think we're going see some guide downs on net interest income because of the higher for longer interest rate environment we are in moving forward. however, i also think that is priced in. stocks have been de—rated, if you look 3 years ago, they were trading at 12 times p/e, now they are trading at eight times p/e. there is a lot of bad news already priced in. as we know, the secret to happiness is low expectations and i do think the expectations are pretty low tomorrow and mayjust be able to beat. interesting to hear. at the same time, there have been worries about the banking sector after the collapse of some smaller lenders. do you expect some of those big lenders exposure to those smaller lenders when they report their results? it is a rearview mirror story. even if they do take some type of impairments, it is going to be a 1—off, going

thomas hayes is the chairman of great hill capital and he expects some positive surprises for investorsing sector. right now the estimated bank earnings are plus 7% revenue growth which is the highest of all sectors in the s&p 500. i think we will see some guy down on net interest income because of the higherfor longer of the higher for longer interest of the higherfor longer interest rate environment we are in moving forward. however, i also think that has been priced in. the stocks have been degraded. three years ago they were treating an average 12 times now it's eight times the amount. as we know the secret to happiness is low excitations i do think the expert patients are pretty low tomorrow and they may be up to beat. that's interesting _ they may be up to beat. that's interesting here. _ they may be up to beat. that's interesting here. at _ they may be up to beat. that's interesting here. at the - they may be up to beat. that's interesting here. at the same | interesting here. at the same time, there have been worries about the banking sector after the collapse of some smaller le

thomas hayes is the chairman of brachial capital and expects positive surprises for investors from the , sector. right now the estimates for bank earnings _ sector. right now the estimates for bank earnings are _ sector. right now the estimates for bank earnings are plus - sector. right now the estimates for bank earnings are plus 7% i for bank earnings are plus 7% revenue growth which is actually the highest of all 11 sectors in the s&p 500. i do think we're going see some guy downs on net interest income because of the higher for longer interest rate environment we are in moving forward. however, ialso environment we are in moving forward. however, i also think thatis forward. however, i also think that is comprised in. stocks have been debated, if you look years ago, there were trading at all times p, now they are trading at a time. as we know, the secret to happiness is low expectations and i do think the expectations and i do think the expectations are pretty low tomorrow and mayjust be able tomorrow and mayjust be able to beat. tomorrow and may 'ust be able to beat. , ., ., to be

thomas. when all in starts, right now. >> good evening, from miami. i'm katie phang in for chris hayes. tonight a development in the department of justice classified documents case against donald trump. it comes in the form of a filing from trump's coconspirator and codefendant, wall teen nauta. today, his lawyers try to get the first hearing in the documents case postponed indefinitely. they filed this motion, asking federal district court judge aileen cannon to delay the hearing scheduled to take place this friday, july 14th. they are claiming in this that the date just doesn't work, because now does lead, lawyer is scheduled to begin a trial for another client in washington d.c. this week. notably, that client is federico klein, former trump appointee at the state department who faces several charges in connection with his participation in the violent insurrection on january 6th. walt nauta's lawyers argued in the motion today that his local florida counsel cannot appear on her own because she just joined the case last week. these delays with nauta have been ongoing, in fact, he appa

thomas. when all in starts right now. good evening, from miami i am katie phang, and for kiss hayes. tonight, a development in the classified documents case against donald trump. this comes as a form of a filing from trump's coconspirator and codefendant walt nafta. today, his lawyers started to get the first hearing in the classified documents case postponed indefinitely. they filed this motion, asking federal district court judge aileen cannon to delay the hearing -- not a clean thing in his motion that the date doesn't work, because nauta lead lawyer stanley woodward is set to begin a trial for another client in washington, d.c. this week. notably, that clients is a federal jury go kwan, a former trump appointee at the state department who faces several charges in connection with his participation, and the violent insurrection on january 6th. walt nauta's lawyers argued in the motion today that the local florida council could not appear on her own because she just joined the case last week. these delays with nauta have been ongoing. in fact, nauta apparently struggled to find a lo