NEW YORK ( TheStreet) -- JPMorgan Chase ( JPM) will take center stage on Tuesday, with its highly anticipated annual investor day. CEO Jamie Dimon and other top executives will hold presentations followed by question and answer sessions and investors can expect to hear from the management on everything from their economic outlook to the impact of regulations to business goals and targets. Analysts expect the top brass to present an upbeat outlook, much like they have in the past. Barclays Capital analyst Jason Goldberg notes that shares of JPMorgan have performed in line with or outperformed the KBW Bank Index in the one month following the investor day in each of the past six years, so investors clearly need to pay attention. Outlook on housing, loan growth and capital markets activity will likely help move shares of other big, money center banks including Bank of America ( BAC) and Citigroup. Standard and Poor's said after the close Monday that it has cut the ratings on Greek debt to "selective default ". The ratings downgrade comes just a week after the European Union, the IMF and the European Central Bank approved a $173 billion bailout package. Under the plan, Creditors to Greece would receive a 53.5% haircut on the repayment of their holdings of Greek debt from the EU, ECB and IMF, which will then give Greece $173 billion that -- in tandem with financial reforms -- is expected to help the country lower its debt to GDP ratio to 121% by 2020 from current levels of 160%. However, the deal announced by what's called the "troika" still needs the support bondholders in what's been deemed as "private sector involvement" in their voluntary agreement to receive a nearly halved repayment on their Greek debt holdings. To that end, a collective action clause (CAC) in the debt exchange offer to bind all bondholders to amended payout terms triggers a debt restructuring, according to a Monday Standard & Poor's opinion. "In our opinion, Greece's retroactive insertion of CACs materially changes the original terms of the affected debt and constitutes the launch of what we consider to be a distressed debt restructuring. Under our criteria, either condition is grounds for us to lower our sovereign credit rating on Greece to 'SD' and our ratings on the affected debt issues to 'D'," wrote Standard & Poor's.