Good morning contrarians! Stock futures are dropping along with bonds as investors gear up for a big week of earnings…

Today we’ll hear from Bank of America ($BAC), Bank of New York Mellon ($BK), and Charles Schwab ($SCHW).

Of course Twitter ($TWTR) is also worth watching after the company instituted a poison pill to ward off the efforts of Elon Musk over the weekend.

The state of affairs is discussed in more detail on this morning’s briefing and podcast, now live for premium subscribers: