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Bank Earnings Season: The Most Wonderful Time of the Year
JPMorgan reported a 13% year over year profit increase this morning, beating expectations with $49.8 billion in revenue. BlackRock beat on both earnings and revenue. Wells Fargo missed slightly on net revenue. I break down what these numbers mean, and as promised recap the Goldman Sach's earnings report. I also touch briefly on Bitcoin and Oracle.
Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro…
The skinny
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