lee8888
2022-07-17

ok
@bubblyx：
I'm seeing a pattern here. JPMorgan screams the sky is falling and stashes billions into loan loss reserves. A few months later, OOPS! Sorry, we were way too pessimistic and we are releasing the loan losses and pumping up the earnings reports going forward. Accounting gimmicks. Moving the shares up and down requires no money to be made or lost. I like Citibank more than JPM myself. Yesterday's inflation report in my view was the high water mark for inflation. I would wait for an S&P around the 3,700 or 3,600 and start buying the banks, especially big name Euro banks.$JPMorgan Chase(JPM)$
I'm seeing a pattern here. JPMorgan screams the sky is falling and stashes billions into loan loss reserves. A few months later, OOPS! Sorry, we were way too pessimistic and we are releasing the loan losses and pumping up the earnings reports going forward. Accounting gimmicks. Moving the shares up and down requires no money to be made or lost. I like Citibank more than JPM myself. Yesterday's inflation report in my view was the high water mark for inflation. I would wait for an S&P around the 3,700 or 3,600 and start buying the banks, especially big name Euro banks.$JPMorgan Chase(JPM)$

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