JPMorgan Chase says Fed stress test results contained an error
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed's results.| CNBC
Last year, Bank of America and Citigroup made similar disclosures, saying that estimates of their own future income differed from the Fed's results.| CNBC
Thank you for waiting, but I assure you what follows isn’t going to disappoint you! Two months ago in “This time is NOT different – Part 2,” I flagged how my analysis at that time flashed (big) red warnings on several US banks (TwitterX). My analysis today will expand on...| JustDario
Daily post about finance and breaking news| JustDario
Imagine you hold an asset of any type. At the moment, the asset XYZ is worth 1M$ according to the price quoted on the exchange. Now, what would be your instinctive reaction if you suddenly discovered that your asset XYZ is instead worth 100k$, but you can still go to...| JustDario
THE GREAT PARADOX – BECAUSE OF DECADES OF RECKLESS QE, CENTRAL BANKS SHOULD HIKE RATES TO SAVE THE *REAL* ECONOMY NOT THE OPPOSITE| JustDario
HERE COMES THE PANIC – BUT NO WORRIES, IT WILL BE VERY SLOW AT FIRST| JustDario
JAPAN END GAME – A DEEPLY DEVALUED $JPY AND A WORTHLESS #NIKKEI| JustDario
HOW IS SCOTT BESSENT GOING TO DEAL WITH THE BANK OF JAPAN?| JustDario
WELLS FARGO – A CASE OF TOO MUCH WINDOW DRESSING AND TOO LITTLE COLLATERAL?| JustDario
THE AI END GAME: WINNER TAKES IT ALL AND EVERYONE ELSE LOSES MASSIVELY| JustDario
CHEF’S TABLE: NVIDIA| JustDario
WITHOUT THE FED BTFP, BANKS WILL NOW HAVE A HARDER TIME TO “HIDE TILL MATURITY” THEIR LOSSES| JustDario
