JPMorgan Steals First Republic! – The Reformed Dealer


Be part of Downtown Josh Brown and Michael Batnick for one more spherical of What Are Your Ideas? On this week’s episode, Josh and Michael focus on the most important subjects in investing and finance, together with:

►Uber Earnings – “Based mostly on knowledge from Bloomberg, 262 firms within the $spx have reported, gross sales progress in 1Q is 4% and earnings progress is -2.69%”

►Cap Weighted Guidelines – “It’s uncommon for the cap weighted S&P 500 to outperform the equal-weight S&P by extra within the first 4 months of the yr than it’s this yr.”

►JPMorgan Steals First Republic – Seized and bought.

►Financial institution Lending Slows – “Previously 50 years of information, solely after Lehman collapsed in 2008 and following the Sept. 11 assaults on the US did banks minimize lending as sharply as they did within the 4 weeks via April 12”

►FOMC Look Forward – FOMC choice Wednesday

►Financial Lags – “we must always start to see the unemployment fee improve throughout the subsequent couple of months.”

►Make The Case

►Thriller Chart

and extra!

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