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JPM a Big Bank Earnings Winner, Boeing Shares Slide, Weak Retail Sales 4/14/23

Squawk on the Street

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The Risk of Deposit Flight in the US Banks

JP and JFJ are still over a full point below 2019. That's why they talk about a consumer with excess cash recession. They still see but might be pushed off a bit. Schwab is fine for, you know, as David said, it's a minute to minute thing for some of these. But it's not for JP Morgan. This is the money has to head to JP Morgan.

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