Page 3 - Fixating On News Today : Breaking News, Live Updates & Top Stories | Vimarsana

There is something worse ahead. doesn t seem that jpmorgan chase is a similar ton of unrest within the banking system as a whole. i don t think we have to worry about that in particular. what the markets are reacting to is europe once again potentially infect being the economy there, the banking system more broadly across the globe, that s what we really are fixating on. jenna: there might be a connection, isn t there mike? when we first heard the reporting about jpmorgan chase it was described as a bet on an economic recovery that went bad. is there something to take away from that about where the economy was at and where the banks were hoping where the competent might be. we don t know enough about the dynamics of this particular trade and trading approach to really conclude any of that. what we can say is that in general the initial trade at jpmorgan chase was motivated to protect themselves against another episode where european fears filter into the entire credit markets. they ....

Doesn T , Banking System , Jenna Lee , Isn T , Fixating On , There Mike , Credit Markets ,