JPMorgan ‘Blue Chip’ of Banks; ‘Sell At Your Own Peril’
Schwab Network · Schwab Network
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Show Notes
Larry Tentarelli and Lee Munson discuss the first round of bank earnings and Jamie Dimon’s comments on the economy. Larry calls JPMorgan (JPM) the “blue chip” of banks, saying they’re prepared for a bumpy economy. However, the lack of clarity and guidance is frustrating investors. Lee says “you sell at your own peril” in this market, comparing Trump’s negotiating style to a Bronx landlord.
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