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Its quarterly profit jump more than 20 . Thats the good news. But the biggest bank in the u. S. By as sets missed wall streets earnings estimates. By comparatively five cents. Reporting profits of 1. 32 a share. Revenues 6 lower than a year ago at 23. 5 billion hit by volatile markets and continued low Interest Rates. They missed estimates, too. Shares were initially lower after the report as you see right there on that graphic. We take a look now at some of the big issues the countrys biggest banks are facing this quart. Reporter jpmorgan the first of the financials to report and with a miss to beat not a way to kick off a busy week of earnings. Bank of america, citigroup, wells fargo and Goldman Sachs out with their earnings in the coming days. All banks are likely to feel the effects of the macro headwinds we saw in the Thi ....
Its quarterly profit jump more than 20 . Thats the good news. But the biggest bank in the u. S. By as sets missed wall streets earnings estimates. By comparatively five cents. Reporting profits of 1. 32 a share. Revenues 6 lower than a year ago at 23. 5 billion hit by volatile markets and continued low Interest Rates. They missed estimates, too. Shares were initially lower after the report as you see right there on that graphic. We take a look now at some of the big issues the countrys biggest banks are facing this quart. Reporter jpmorgan the first of the financials to report and with a miss to beat not a way to kick off a busy week of earnings. Bank of america, citigroup, wells fargo and Goldman Sachs out with their earnings in the coming days. All banks are likely to feel the effects of the macro headwinds we saw in the Thi ....
You know what, i think this take is healthy as evidence by our ability to rally from an Early Morning deficit that didnt used to happen with the dow rising 6 points and nasdaq climbing. 29 . Why is it a sign of health . Let me show you how its done. Heres the eight positive signs that a market is is healthy enough to invest your hard earned capital in. First, can we shrug off the every day overseas worries . Yesterday when the greeks elect elected a government we were ready for the s p futures to open down and when russia was racheting up tensions in ukraine we knew things would be awful. They indicated they would open down a half a percent. However by the time we opened this morning the market had reversed its judgment. Investors were willing to rethink whether the greek election was relevant to us. Might have been good for us because it could force the powers that be in europe namely the germans to recognize that too much austeri ....
In stone,en grained in our minds . Its in play every day, including day with the dow dropping, and the s p 500 climbing and the nasdaq lost. Baugh of worries that higher Interest Rates are right around the corner and and they are ready to slaughter the bull. It was a day where we feared growth because growth is bad. Because it means the Federal Reserve will crush the you u. S. Economy. That is the new dogma and it is gaining more by the hour. I say wait a second lets go over this gospel and be more rigorous, we have had low Interest Rates for so long that many people including commentators are suggesting that the strength of the economy could be the bulls undoing how do you arrive that economical growth is a bad thing. The investors were understanding that the report was so strong that the fed could move up the timefram ....
Of the system cant sustain a shock and a trigger zone reaction. I would talk about black lives matter with all of the people walking through the streets and cities like baltimore saying we live in a country where almost every 28 hours an africanamerican man or woman is shot dead lethal force, usually unarmed, we have video of our Police Actually murdering unarmed civilians and yet despite the outcry it continues. And we have in the last month seen a space of shootings of police officers, one in new york, two in mississippi just the another day another one and i am hoping these are just incidental and you know but if that becomes a pattern, that is certainly would replicate the societies that are declining where people reach such a rage they lash out. The state has turned their back on people like you and me how affective are these rebellions . Black lives matter . Occupy wall street . Snowden . Well, they are affective in this se ....