https://finance.yahoo.com/news/jpmorgan-shares-slide-pinto-says-142837778.html
"JPMorgan Leads Bank-Stock Slump After Tempering Revenue Optimism
(Bloomberg) -- JPMorgan Chase & Co. shares fell the most in more than four years, leading bank stocks lower, after President Daniel Pinto said analysts are being too optimistic in projecting next year’s expenses and net interest income."
Well this can't be good. How is it even possible stocks only go up right? Does this mean that the banks are in trouble with 100's of millions in unrealised losses? Can't be the bulls came here and told us that the banking crisis was over, on this very thread. Well looks like others are now starting to click that the crash has already started?
Note also how the rhetoric keeps changing, everything was so bullish now suddenly all the people who were trying to sell us the soft landing BS are now starting to do a 180? Oh of course, that's exactly what happened in 2008 I guess we will be seeing more of more of the rats jumping ship to try to cover their _____ (insert appropriate words):
P.S. They have to do that to get ahead of the _____ (insert appropriate words) before the recriminations begin.
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