The Q3 earnings call should be "fun".
"Hi, this is James from XYZ Journal. What has WF done since the Q2 call to get closer to its stated goal of cutting expenses by $10 billion?"
CS or CFO - "The FIRM has announced the closure of 200+ branches and stopped providing COVID payment relief to our customers."
James - "any MATERIAL layoffs or building closures?"
CS - "no"
James - "so nothing has materially changed in 3 months..."
CS - "basically"
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And then when mid-October comes, it'll be early November.
And in early November, it'll be mid November.
And so on.
Wait until mid-October. There’ll be plenty.