JPMorgan Chase (JPM) hit a new all-time high before pulling back. Dick Bove discusses takeaways from today’s bank earnings. He talks about the sharp reversal in longer-term interest rates, as well as moderate rebound in lending activity. He talks about how loan losses are likely reversing which will increase future net charge-offs. He highlights stocks JPM, BAC, WFC, and C. Tune in to find out more about the stock market today.
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