How Is the Economy Doing? Here’s What Banks Say

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How Is the Economy Doing? Here’s What Banks Say

The Wall Street Journal2021-07-16

Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long? Here’s what the biggest U.S. banks are telling us about the state of the ...

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Richard0208
·2021-07-16
A clear diversification indeedThanks for sharing
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lkt
·2021-07-16
Update
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Ben0619
·2021-07-16
[Smile]
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peterob1
·2021-07-16
$AMC Entertainment(AMC)$[Cool] [Cool] [Cool] [Cool] [Cool]
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Kitsonlin
·2021-07-16
Morning
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Ermmmmmm
·2021-07-16
Yes for how long ?
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- crtyn:
  Like thanks
  2021-07-16
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KBchan
·2021-07-16
Please like
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- Ninjachips:
  ok
  2021-07-16
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- Gregory92:
  Okay
  2021-07-16
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Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","article_id":"1152215280","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","pubTimestamp":1626395812,"sourceInfo":null,"weMediaInfo":null,"summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"translate_title":"经济情况如何？银行是这么说的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9},"content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":170938562,"gmtCreate":1626398908456,"gmtModify":1703759352366,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087716708608470","authorIdStr":"4087716708608470"},"htmlText":"A clear diversification indeedThanks for sharing&nbsp;","listText":"A clear diversification indeedThanks for sharing&nbsp;","text":"A clear diversification indeedThanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170938562","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170055423,"gmtCreate":1626396926262,"gmtModify":1703759289106,"author":{"id":"3583895118447399","authorId":"3583895118447399","name":"lkt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583895118447399","authorIdStr":"3583895118447399"},"htmlText":"Update","listText":"Update","text":"Update","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170055423","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170050306,"gmtCreate":1626396691405,"gmtModify":1703759278696,"author":{"id":"3562021302587423","authorId":"3562021302587423","name":"Ben0619","avatar":"https://static.tigerbbs.com/686311cfc332bed69f8e43770c6dbabe","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3562021302587423","authorIdStr":"3562021302587423"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170050306","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170027501,"gmtCreate":1626396666803,"gmtModify":1703759278051,"author":{"id":"3582888287934264","authorId":"3582888287934264","name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582888287934264","authorIdStr":"3582888287934264"},"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;","text":"$AMC Entertainment(AMC)$[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170027501","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170024803,"gmtCreate":1626396593502,"gmtModify":1703759277080,"author":{"id":"4088412711170620","authorId":"4088412711170620","name":"Kitsonlin","avatar":"https://community-static.tradeup.com/news/8f861facf7d7b6166cb50fa387771267","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":2,"crmLevelSwitch":0,"idStr":"4088412711170620","authorIdStr":"4088412711170620"},"htmlText":"Morning","listText":"Morning","text":"Morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170024803","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170028377,"gmtCreate":1626396483199,"gmtModify":1703759269769,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087557783698070","authorIdStr":"4087557783698070"},"htmlText":"Yes for how long ?","listText":"Yes for how long ?","text":"Yes for how long ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170028377","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5234543,"gmtCreate":1626396506571,"gmtModify":1663231039945,"authorId":3581556523917541,"author":{"id":3581556523917541,"idStr":"3581556523917541","authorId":3581556523917541,"name":"crtyn","avatar":"https://static.tigerbbs.com/62554f7ddf70dc78b9e6f2cc7c56c702","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170028377,"type":1,"supId":0,"prevId":0,"content":"Like thanks","text":"Like thanks","html":"Like thanks"}],"langContent":"EN"},{"id":170067778,"gmtCreate":1626396293194,"gmtModify":1703759263946,"author":{"id":"3582453112692311","authorId":"3582453112692311","name":"KBchan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582453112692311","authorIdStr":"3582453112692311"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/170067778","repostId":1152215280,"repostType":4,"repost":{"id":"1152215280","pubTimestamp":1626395812,"share":"https://ttm.financial/m/news/1152215280?lang=&edition=fundamental","pubTime":"2021-07-16 08:36","market":"us","language":"en","title":"How Is the Economy Doing? Here’s What Banks Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1152215280","media":"The Wall Street Journal","summary":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The ques","content":"<blockquote>\n Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n</blockquote>\n<p>Here’s what the biggest U.S. banks are telling us about the state of the economy.</p>\n<p>Consumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.</p>\n<p>People Are Spending but Not Borrowing–Yet</p>\n<p>Americans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.</p>\n<p>That could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase &amp; Co. CEO Jamie Dimon.</p>\n<blockquote>\n <b>“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”</b>— \n <i>Mike Santomassimo, Wells Fargo CFO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/be48032714bd8f318c611219dcc3fa83\" tg-width=\"721\" tg-height=\"514\"><img src=\"https://static.tigerbbs.com/a5b81a306f6fcb0deec93f3a9a6bb424\" tg-width=\"722\" tg-height=\"522\"></p>\n<p><b>The Housing Market Is on Fire</b></p>\n<p>The housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo &amp; Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.</p>\n<p>But many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.</p>\n<p><img src=\"https://static.tigerbbs.com/6406da6ffd435413559cb47d364be95c\" tg-width=\"729\" tg-height=\"519\"></p>\n<p><b>CEOs Are Doing Deals</b></p>\n<p>Corporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.</p>\n<blockquote>\n <b>“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”</b>\n <i>— Jane Fraser, Citigroup CEO</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/c8125bfd4a43287bebd8674df3f41438\" tg-width=\"763\" tg-height=\"530\"></p>\n<p><b>Markets Are Busy–But for How Long?</b></p>\n<p>Calmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.</p>\n<p><b>31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup</b></p>\n<p>“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Is the Economy Doing? Here’s What Banks Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Is the Economy Doing? Here’s What Banks Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the ...</p>\n\n<a href=\"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.wsj.com/articles/how-is-the-economy-doing-heres-what-banks-say-11626308450?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152215280","content_text":"Quarterly earnings from JPMorgan, Goldman and other big banks show an economy going strong. The question is, for how long?\n\nHere’s what the biggest U.S. banks are telling us about the state of the economy.\nConsumer spending is returning to pre-pandemic levels, and borrowing appears poised to rise. Markets are cooling, but deal making is as hot as ever. Still, the recovery remains vulnerable, bank executives said.Covid-19variantsare driving up case counts, raising the specter of new lockdowns. Government-aid programs that kept many Americans afloat are about to expire.\nPeople Are Spending but Not Borrowing–Yet\nAmericans are spending again, even more than they were pre-pandemic—booking trips and paying for restaurant meals with their credit cards. Flush with cash from government stimulus programs, they arepaying down their card debt faster than they are spending.\nThat could change as supply-chain bottlenecks ease forcars, refrigerators and other big-ticket items. “The pump is primed” for more borrowing, saidJPMorganJPM0.22%Chase & Co. CEO Jamie Dimon.\n\n“What we’re seeing are people starting to spend and act in a way that seems more like the way it was before the pandemic started.”— \n Mike Santomassimo, Wells Fargo CFO\n\n\nThe Housing Market Is on Fire\nThe housing market remained red hot, with buyersbidding up the pricesof second homes and suburban mansions.Wells Fargo & Co.and JPMorgan extended more mortgages than in the first quarter, which was already a blockbuster stretch for home lending.\nBut many are being priced out of the market, raising questions about growth. “We’ve seen so much home price appreciation that maybe affordability starts to be a little bit of a headwind,” said JPMorgan Chief Financial Officer Jeremy Barnum.\n\nCEOs Are Doing Deals\nCorporations are spending, too. Deal making feessurged at the banksfrom a year before, reaching an all-time high at JPMorgan. And executives across the Street said more deals are in the works, indicating that CEOs are optimistic about the economy’s trajectory.Goldman Sachs Group Inc., for example, said its backlog of investment-banking transactions ended the quarter at a record level.\n\n“I think there’s a general sense of optimism. One never wants to jinx these things, but we really have a fabulous pipeline.”\n— Jane Fraser, Citigroup CEO\n\n\nMarkets Are Busy–But for How Long?\nCalmer markets dampened trading revenue, particularly in fixed income. But markets are still busier than they were pre-pandemic. Executives aren’t sure how long that will last.\n31%: decline in total trading revenue at Goldman, JPMorgan and Citigroup\n“We believe that this summer represents the acid test for whether normalized trading levels will be higher than pre-pandemic,” Goldman analysts wrote before the banks reported earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5234518,"gmtCreate":1626396404040,"gmtModify":1663231037834,"authorId":3582588150029789,"author":{"id":3582588150029789,"idStr":"3582588150029789","authorId":3582588150029789,"name":"Ninjachips","avatar":"https://static.tigerbbs.com/84d7e26328c924be8d6b42aa48e5ed9e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170067778,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":5234522,"gmtCreate":1626396416846,"gmtModify":1663231037345,"authorId":3574664863944345,"author":{"id":3574664863944345,"idStr":"3574664863944345","authorId":3574664863944345,"name":"Gregory92","avatar":"https://static.tigerbbs.com/ed23f190e2fd4c46312bfe0b9762f53f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170067778,"type":1,"supId":0,"prevId":0,"content":"Okay","text":"Okay","html":"Okay"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":94,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}