Maybe they are just going to use their capital to accept the Fed’s 5% subsidies and lay everyone else off?
Banks are telling you to buy stocks, saying the bottom is in & cancelling their recession calls for Europe.
— Financelot (@FinanceLancelot) January 11, 2023
Meanwhile, all of them are closing investments, departments & laying off staff.
Seems unusual, no? 🤔 https://t.co/99AUWXOkMP
Dimon now hoping for 6%:
Jamie Dimon says the Fed’s rate hikes might need to go beyond what’s currently expected. There's a 50% chance that the central bank will have to go to 6%, he says @FoxBusiness https://t.co/VikiBXSzMZ via @markets $JPM
— Steve Matthews (@SteveMatthews12) January 10, 2023