
Why Is It Getting Dumber?
The Compound and Friends
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Market Confidence and Economic Resilience
This chapter explores JP Morgan's optimistic market outlook following positive forecasts and lifted guidance on net interest income. It discusses the implications of substantial investments in key sectors and contrasts the public personas of major Wall Street figures in shaping market perceptions. Additionally, it highlights the disconnect between market performance and economic health, emphasizing the resilience of well-prepared banks in navigating potential downturns.
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