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The Water Cooler
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Imminent Stock Market Dump
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<blockquote data-quote="SlugSlinger" data-source="post: 3817708" data-attributes="member: 7248"><p><h3>JPMorgan posts surprisingly steep profit drop, halts stock buybacks</h3><p></p><p></p><p></p><p>Why you might ask?!? Potential loan loses!! Nothing is getting better and in fact are expected to get much worse!</p><p></p><p></p><p></p><p>JPMorgan Chase posted a surprisingly steep profit drop and said it is halting share buybacks and set aside $428 million for potential loan losses, signaling pessimism about the economy.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3817708, member: 7248"] [HEADING=2]JPMorgan posts surprisingly steep profit drop, halts stock buybacks[/HEADING] Why you might ask?!? Potential loan loses!! Nothing is getting better and in fact are expected to get much worse! JPMorgan Chase posted a surprisingly steep profit drop and said it is halting share buybacks and set aside $428 million for potential loan losses, signaling pessimism about the economy. [/QUOTE]
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