JPMorgan Chase’s chief executive, Jamie Dimon, advised shareholders that lender wasn’t ‘worried’ concerning the influences of making Russia
It is Friday – I will be your MM servers all of the week. Upload one tips to myself in the [current email address protected] or , also to Aubree Eliza Weaver from the [email protected] otherwise
Operating The afternoon
We do not Speak about MANCHIN, No no – The Adam Cancryn and you can Eugene Daniels: “The fresh fate from President Joe Biden’s domestic schedule may hinge towards the their administration’s capability to create one simple material: Shut-up.
“Five days immediately following Biden’s Create Straight back Top package folded in the midst of an excellent bitter right back-and-ahead that have Sen. Joe Manchin (D-W.Va.), the fresh new Light House is getting a final test at the resuscitating the public purchasing costs – and therefore day it’s vowing a greatly some other method of the fresh transactions.”
BANKS SET FOR BETTER-THAN-EXPECTED TRADING REVENUE”,”link”:<"target":"NEW","attributes":[],"url":"","_id":"00000180-3db8-dcae-af9c-ffbfb5b50002","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”00000180-3db8-dcae-af9c-ffbfb5b50003″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>BANKS SET FOR BETTER-THAN-EXPECTED TRADING REVENUE – Reuters’ Matt Scuffham: “Trading may be a surprise bright spot for Wall Street banks in the first quarter, after clients rejigged portfolios in response to Russia’s invasion of Ukraine and interest rate hikes, analysts and executives say. But quarterly results from banks including Goldman Sachs and JPMorgan Chase & Co will show a sharp decline in investment banking revenues and in first-quarter earnings overall. That is due to companies pausing deals until choppy equity markets stabilize.”
HOW MUCH IS IT COSTING COMPANIES TO LEAVE RUSSIA?”,”link”:<"target":"NEW","attributes":[],"url":"","_id":"00000180-3db8-dcae-af9c-ffbfb5b50004","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”00000180-3db8-dcae-af9c-ffbfb5b50005″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>HOW MUCH IS IT COSTING COMPANIES TO LEAVE RUSSIA? – NYT: “A slew of companies have announced plans to stop business in Russia over the last several weeks, and many of them are now sharing what those decisions may cost them. Some companies had limited exposure to Russia and signaled that the expected losses were not significant. For industry giants like Shell, the financial hit – while large – accounts for just a small fraction of their profits.”
CREDIT MARKETS BACK ON DOWNWARD PATH”,”link”:<"target":"NEW","attributes":[],"url":"","_id":"00000180-3db8-dcae-af9c-ffbfb5b50006","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”00000180-3db8-dcae-af9c-ffbfb5b50007″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>CREDIT MARKETS BACK ON DOWNWARD PATH – Reuters’ Davide Barbuscia: “A rally in U.S. credit markets after the U.S. Federal Reserve started hiking rates last month was short-lived and some corporate bonds hit new lows on Monday amid rising bond yields and concerns over the economic outlook. BlackRock’s iShares iBoxx $ High Yield Corporate Bond ETF – an exchange-traded fund which tracks the U.S. junk-bond market – fell 0.6 percent to trade at $ a share on Monday, its lowest since . Its investment grade equivalent was also down sharply, by over 1 percent, hitting its lowest since .”
Fly Doing
STOCKS FALL ON WALL STREET, LED BY TECH SLUMP”,”link”:<"target":"NEW","attributes":[],"url":"","_id":"00000180-3db8-dcae-af9c-ffbfb5b80000","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”00000180-3db8-dcae-af9c-ffbfb5b80001″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>STOCKS FALL ON https://signaturetitleloans.com/payday-loans-ia/ WALL STREET, LED BY TECH SLUMP – AP’s Damian J. Troise and Alex Veiga: “Stocks fell on Wall Street Monday, extending a losing streak from last week. The S&P 500 lost 1.7 percent, the Dow Jones Industrial Average fell 1.2 percent and the Nasdaq fell 2.2 percent. Technology stocks sank and were the biggest weights on the market. Energy companies also slipped along with falling crude oil prices. Twitter rose after Tesla CEO Elon Musk said he wouldn’t be joining the company’s board after all. Musk recently became the company’s biggest individual shareholder and is now free to increase his stake. The yield on the 10-year Treasury note rose to 2.78 percent.”
FED’S EVANS SAYS GOOD POSSIBILITY OF 50 BASIS POINT RATE RISE IN MAY”,”link”:<"target":"NEW","attributes":[],"url":"","_id":"00000180-3db8-dcae-af9c-ffbfb5b80002","_type":"33ac701a-72c1-316a-a3a5-13918cf384df">,”_id”:”00000180-3db8-dcae-af9c-ffbfb5b80003″,”_type”:”02ec1f82-5e56-3b8c-af6e-6fc7c8772266″>”>FED’S EVANS SAYS GOOD POSSIBILITY OF 50 BASIS POINT RATE RISE IN MAY – WSJ’s Michael S. Derby: “Federal Reserve Bank of Chicago President Charles Evans said Monday an aggressive interest rate increase is a possibility at the U.S. central bank’s policy gathering in early May. A 50 basis point rate rise at the May 3 and 4 Federal Open Market Committee meeting ‘is obviously worthy of consideration, perhaps it’s highly likely,’ he said, as the Federal Reserve lifts its still very low federal-funds rate toward a neutral setting of between 2.25 percent and 2.50 percent by the end of the year. Mr. Evans, who isn’t currently a voting member of the rate setting FOMC, weighed in while speaking at an event in Detroit.”