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Detailed text transcripts for TV channel - MSNBC - 20151014:09:46:00

that s right, amy. well it wasn t such good news out of jpmorgan chase. they did miss on both earnings and revenue, even though earnings managed to actually increase. but the real concern here was on revenue. they reported about a 6% drop in revenue on the period and a lot of this was due to both the market volatility and a hit on trading revenue that was largely due to the low interest rates. and it s expected that that low interest rate environment will continue, as you know, with the fed expected to stay on hold for rates for the foreseeable future. and the cfo at jpmorgan warning that analysts may be a little bit too optimistic about the next quarter. so that will cause some investor concerns, especially as we have several other big banks reporting earnings this week. today we hear from bank of america and wells fargo. i should mention with jpmorgan there was one bit of silver lining here and that was on mortgages. for the consumer bank division that was the only one really to re

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