Fear & Loathing on Wall Street: GS, MS, AMP, SCHW, RJF, SF
- Apr 8
- 8 min read
Updated: 3 days ago
April 8, 2025 | Premium Service | Below we provide a summary of last week’s conference call with the subscribers to our Premium Service. We also set up Q1 2025 earnings in the wake of the biggest equity selloff since the outbreak of COVID in 2020 and the collapse of the market for US Treasury securities in March of that year. JPMorgan (JPM) CEO Jamie Dimon says thar the new trade initiatives should be resolved quickly and that is, of course, the hope, but meanwhile trillions of dollars in inflated paper wealth is being destroyed by the Trumpian wave.
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