while we slept; JPM profits DOWN, Dimon cautious; 100bps now, 3 cuts next year? and finally, the moment we've been waiting for (HIMCO dropped, maybe NOT what you'd expect)
while we slept; JPM profits DOWN, Dimon cautious; 100bps now, 3 cuts next year? and finally, the moment we've been waiting for (HIMCO dropped, maybe NOT what you'd expect)
thebondbeat.substack.com
Good morning … This morning’s note will conclude with an excerpt from the latest quarterly update from the desk of Lacy Hunt. You THINK you know what his conclusion is but I’d argue it is a bit more nuanced (ie less bond bullish) and would love any/all thoughts.
while we slept; JPM profits DOWN, Dimon cautious; 100bps now, 3 cuts next year? and finally, the moment we've been waiting for (HIMCO dropped, maybe NOT what you'd expect)
while we slept; JPM profits DOWN, Dimon…
while we slept; JPM profits DOWN, Dimon cautious; 100bps now, 3 cuts next year? and finally, the moment we've been waiting for (HIMCO dropped, maybe NOT what you'd expect)
Good morning … This morning’s note will conclude with an excerpt from the latest quarterly update from the desk of Lacy Hunt. You THINK you know what his conclusion is but I’d argue it is a bit more nuanced (ie less bond bullish) and would love any/all thoughts.