JPMorgan Q4: A Blowout Quarter But Warning On Inflation And Geopolitics

JPMorgan Chase & Co. (NYSE: JPM ) just delivered another blowout quarter for Q4 with a ROTCE of 21% in a supposedly seasonally weak quarter. The quarter's star has been the FICC trading, driven by increased volatility and a steepening yieldIndependent banking research focuses on financials, deep value, special situations, and financial arbitrage. Agnostic and apolitical approach for scouring the earth for durable and uncorrelated cashflows that work well in both inflationary and deflationary settings.See my ...