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Leslie Picker
CNBC reporter and correspondent who provides banking and financial services reporting, including on-the-ground coverage of industry conferences referenced in the episode.
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Dec 9, 2025
• 44min
JPMorgan Warning Sends Shares Sinking, and a Pairs Trade in the Retail Space 12/8/25
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Tim Seymour, a seasoned investor, discusses JPMorgan's alarming expense forecast, prompting a deep dive into its effects on the banking sector. Dan Nathan sharpens the focus on Walmart, emphasizing its Nasdaq debut and bullish outlook despite market turbulence. Chris Verrone presents a compelling retail strategy, advocating for a long position in Walmart while shorting Costco. Leslie Picker highlights AI spending by banks and investor concerns about ROI, urging listeners to consider the implications for future investments.
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