It is one of the best run banks in the business. I like the
steps Dimon is taking by suspending share buybacks and building the
loan loss reserve. Those moves say to me that this bear market may
last longer than many prefer. Will be interesting to see if the
market finds buyers again today or if it is finally overwhelmed and
needs to fill the 3,674 gap to start.
One thing to be watching for, Jamie Dimon will buy stock in JPM
when it is time to buy banks.
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It is one of the
JPM results below estimates
Posted by fundamentalvalues on 14th of Jul 2022 at 07:39 am
It is one of the best run banks in the business. I like the steps Dimon is taking by suspending share buybacks and building the loan loss reserve. Those moves say to me that this bear market may last longer than many prefer. Will be interesting to see if the market finds buyers again today or if it is finally overwhelmed and needs to fill the 3,674 gap to start.
One thing to be watching for, Jamie Dimon will buy stock in JPM when it is time to buy banks.