What Are Bank Earnings Telling Us?
Real Vision: Finance & Investing
00:00
The G-Sibs and the Slow Motion Crisis
JP Morgan reported a 52% increase in first quarter profit and record revenue. They picked up about 50 billion in new deposits following March's bank failure. The news isn't delivering on the thesis really, like that the shit was going to hit the fan. It's maybe things are getting worse for sure, but it's kind of gradual.
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