Message Board Archives
J.P. Morgan misses profit expectations, 1st time
RemainsUnknown
2019-01-15 15:55:10
J.P. Morgan misses profit expectations for the first time in 15 quarters
-- Under CEO Jamie Dimon, J.P. Morgan has exceeded analysts' profit expectations for 15 straight quarters — a streak that ended with the fourth quarter of 2018.
-- Choppy markets in December have crimped trading results at J.P. Morgan, just as it did for Citigroup, which reported results Monday.
-- J.P. Morgan also set aside $250 million more for credit losses than analysts had expected.
The
same dude that ran his mouth about DT. What a coincidence.... hmm.
maj
2019-01-15 15:59:33
RemainsUnknown
2019-01-15 16:36:33
Runs
2019-01-15 16:42:00
CIti also 
maj
2019-01-15 16:54:52
Millennials do not have savings, they waste money buying deep friend peanut butter and jelly sandwiches.
RemainsUnknown
2019-01-15 17:08:40
In reply to maj
Man, I was reading that 70-something % of 'mericans live pay-check to pay-check. It's preposterous. I think it's more about people living beyond their means, rather than them not getting decent wuk.
AND... apparently 10% of those who make at least 100K are included in the pay-check to pay-check group.
Guyanese must be the least make-up of this pay-check to pay-check group.... and those who are.... didn't grow up being taught how to work hard and save. simple.
sgtdjones
2019-01-15 17:11:13
If the American people only knew what was happening to the Economy, they would boot Trumpet out of office.
Simple electronic transfers are delayed owing to Homeland security not being paid, lack of staff etc.
What normally takes 3 to 5 days, Foreign banks are no longer guaranteeing such deliveries.
I have been trying to send funds to US and having difficulty.
maj
2019-01-15 17:29:02
In reply to RemainsUnknown
yes its a sad deal, materialism got them on their knees begging for Fridays. Keeping up with the Kardashians has got them perpetually broke.
100k a year is good money but when you are taxed to death to pay for the freeloaders and want to own a house and raise your kids properly, it becomes crumbs.
Many Guyanese fall in the trap too..i see credit reports daily. Financial ruin for many is only a sickness away, when you want to buy the new Audi and living in a basement.
Runs
2019-01-15 19:42:36
JUST IN: The world’s debt pile is hovering near a record at $244 trillion, which is more than three times the size of the global economy, according to an analysis by the Institute of International Finance.
camos
2019-01-15 20:01:08
In reply to Runs
I don't think the experts have a good feel for appropriate debt level, this seems to be a very subjective metric!
RemainsUnknown
2019-01-15 21:13:21
In reply to maj
Completely agree with you, bro. Sad, indeed.
Emir
2019-01-15 21:44:33
In reply to camos
Correct. Debt isn't a problem and the level (high) is relative. Full employment is the antidote for all economic ills because it is the single most determinant of wealth creation.
People living "beyond their means" doesn't hurt the macro economy as the person who lives beyond means is spending which contributes to growth which leads to jobs which means more income tax collection etc.
Runs
2019-01-16 09:46:20
Recession coming alyuh brace n hold
• 52% of investors said they expect global profits to deteriorate
• 60% surveyed say global growth will weaken in the next 12 months, levels not seen since the financial crisis
• U.S. manufacturing activity dropped in December by the most since October 2008
• The first Treasury auction of 2018 had the weakest demand since 2008
RemainsUnknown
2019-01-16 10:10:55
In reply to Runs
Recession coming alyuh brace n hold
One (individual or family) should
ALWAYS plan for
rainy days..... or else, you go suck salt......
