Schwab Network

JPM Earnings & Global Banks Backing Powell Test "Healthy" Markets


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Markets are moving in a healthy direction, according to Kevin Green. He points to a broadening SPX and cooled volatility backing his thesis. When it comes to JPMorgan Chase (JPM) and the start of earnings season, KG notes CEO Jamie Dimon saying the consumer remains resilient, though "surprising" misses elsewhere caught him by surprise. Meanwhile, central banks across the globe voice their support for Fed Chair Jerome Powell.


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