HOLY Sh*t: Bank Earnings are Out Showing MASSIVE Loan Los...

What this episode covers

We are in the thick of bank earnings and quarterly reports. The one theme they keep coming back to is...losses. It's become such a problem even JPM CEO Jamie Dimon snapped during his last earnings call. The thing is, in spouting off he told the truth about all of it. Eurodollar University's Money & Macro AnalysisBloomberg Jamie Dimon Is Right. Forget the ‘Damn Number.’https://www.bloomberg.com/opinion/articles/2024-10-14/jamie-dimon-is-right-analysts-need-to-look-beyond-their-modelsBank of America Quarterly Earningshttps://investor.bankofamerica.com/quarterly-earningsJPM Third Quarter 2024 Resultshttps://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/3rd-quarter/66269bb6-ecc5-4172-b461-6b7e7cd47aab.pdfCitigroup Third Quarter 2024 Resultshttps://www.citigroup.com/rcs/citigpa/storage/public/Earnings/Q32024/2024pr-qtr3rslt.pdfBloomberg Consumers Shift Spending to Pay for Basic Staples, Citi CFO Sayshttps://www.bloomberg.com/news/articles/2024-09-09/consumers-shift-spending-to-pay-for-basic-staples-citi-cfo-sayshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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This episode is 18 minutes long.

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This episode was published on October 16, 2024.

What is this episode about?

We are in the thick of bank earnings and quarterly reports. The one theme they keep coming back to is...losses. It's become such a problem even JPM CEO Jamie Dimon snapped during his last earnings call. The thing is, in spouting off he told the...

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