Cramer: US consumers are saving the economy and keeping bond yields from going negative

CNBC's Jim Cramer says if it weren't for the American consumer, U.S. bond yields would be negative. "If we were two-thirds industrial and one-third consumer, then we would have negative yields," says Cramer. "There's good credit creation," he says, pointing to J.P. Morgan saying consumer spending is accelerating. CNBC's Jim Cramer on Thursday said that if it weren't for the […]

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Credit Suisse is the sole bank tripped up by Fed stress test as rest get approval to boost payouts

The U.S. division of Zurich-based Credit Suisse has to fix problems the Fed found in its capital planning processes by Oct. 27, according to the Federal Reserve. Credit Suisse got the same designation that Morgan Stanley and Goldman Sachs got last year: a conditional non-objection to its plan.  J.P. Morgan and Capital One reined in their initial capital plans by […]

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JPMorgan releases its annual summer reading list

JPMorgan Chase CEO Jamie Dimon doesn’t see a recession coming FoxNews.com columnist Liz Peek, former investment banker Carol Roth, former Pennsylvania governor Ed Rendell (D) and Kaltbaum Capital Management President Gary Kaltbaum on JPMorgan Chase CEO Jamie Dimon’s claim that the U.S. won’t see a recession for the next few years. JPMorgan released its summer reading list for those looking […]

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Investors most neutral on U.S. Treasuries since January – survey

June 11 (Reuters) – Bond investors turned the most neutral on longer-dated U.S. Treasuries in about five months as U.S. President Donald Trump calling off tariffs on Mexico offset weaker-than-expected data on U.S. payrolls in May, a J.P. Morgan survey showed on Tuesday. The share of investors who said they were neutral or holding longer-dated U.S. government debt equal to […]

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Why JPMorgan Chase CEO Jamie Dimon compares his bank to Netflix

JPMorgan’s Dimon not seeing a recession in next couple years JPMorgan Chase CEO Jamie Dimon on concerns over technology’s impact on the job market, the state of the U.S. economy and the rise in capital expenditures. In a bid to oppose the idea that banks have volatile financial results, JPMorgan Chase CEO Jamie Dimon says investors should think about his […]

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JPMorgan profit beat eases fear of slowing economy

(Reuters) – JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results. The largest U.S. bank by assets showed strength across its businesses in the first quarter, driven by what Chief Executive Jamie Dimon described as solid growth in the U.S. economy, moderate inflation and strong consumer and […]

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JPMorgan Downgrades General Electric Stock

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope… Four months ago, investment banker JPMorgan sparked a rally in General Electric (NYSE: GE) stock when it awarded the […]

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