Phone: 805-886-8140

Day

February 24, 2016
24
Feb

JPM Investor Day – Projected Record Profits Ignored Due to Short-Term Fear

February 24, 2016, ,
In a panicked market, good news is ignored and all of the focus tends to be on the bad.  On Tuesday, J.P. Morgan held its investor day meeting.  In the meeting, the company announced that it was going to add another $500MM to energy-related loan-loss reserves.  This followed a $67MM provision in Q4, which at...
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    7242 East Cortez Rd
    Scottsdale, AZ 85260
    Phone: 805-886-8140
    Fax : 949-335-9784

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