Immediate Trade

With Flying Colors…

Cover Image for With Flying Colors…
Greg P
Greg P
Posted underBankingCommercial Real EstateCredit Card RatesDEBTDeflationFed GovernorsFederal ReserveforecastJP Morgan

The spectacular results of the Federal Reserve’s stress tests on the eight largest banks. Every single one of the top 31 banks passed the tests despite holding more consumer credit card loans and corporate debt, with elevated delinquency rates and retail giants reporting that consumers are tapped out. The Fed also performed an exploratory analysis of funding stresses and a trading meltdown, but the banks appeared to avoid disaster. However, JP Morgan came out the next day and disputed the results, stating that their losses should have been higher than what the Fed disclosed.

More Stories

Cover Image for DELL on Business Building

DELL on Business Building

Michael Dell shares insights into his early fascination with technology and entrepreneurship , sparked at the age of 16 when he took apart an IBM computer. Initially pursuing a premed path at the University of Texas, Dell’s growing success in his computer venture led him to pivot focus towards technology, resulting in rapid growth for Dell Computer […]

Greg P
Greg P
Cover Image for The Business of NCAA Football

The Business of NCAA Football

“You Will Never Look at College Football the Same” Michael MacKelvie explores the distinctive nature of college football, emphasizing its rich traditions and community connections amid a commercial landscape that increasingly prioritizes financial gain over local rivalries and fan engagement. It contrasts the collegiate sport’s lack of parity with the NFL’s structured fairness, highlighting the deep emotional […]

Greg P
Greg P