Mario here, reporting on JPMorgan Chase's surprisingly good earnings, but even Jamie Dimon is worried about the scary economic monsters lurking!
Mario here, reporting on JPMorgan Chase's surprisingly good earnings, but even Jamie Dimon is worried about the scary economic monsters lurking!

Mamma Mia! Look at those Numbers!

It's a me Mario and I'm a here to tell you about some a crazy numbers! JPMorgan Chase just a released their earnings and it's a like they found a Starman! Earnings are up revenue is up everything's a up! They made $5.07 a share! That's a more coins than I've collected in all my adventures! Revenue hit $46.01 billion. Woo hoo!

First Republic: A One Up Mushroom for JPMorgan!

Remember that a First Republic bank? Well JPMorgan bought it and it gave their earnings a little 'boing!' like when I jump on a Goomba! They got a one time gain from it like finding a secret block with a power up! It's a good to be the Mushroom Kingdom...I mean JPMorgan Chase!

Trading Time! Wahoo!

Apparently all that trading stuff is a making them lots of coins! Like when I'm in a bonus stage! Higher asset management investment banking fees and strong trading results – it's a like they're swimming in gold coins! This a reminds me I gotta get Luigi to invest in my plumbing business!

Jamie Dimon's Warning: Bowser is Coming!

But hold on! Even Jamie Dimon the big boss at JPMorgan is a little worried. He says the economy is facing "considerable turbulence." That's a like saying Bowser is getting ready to throw some fireballs! He's worried about trade wars sticky inflation and high prices. Sounds like a recipe for a Koopa Troopa invasion!

Volatility is a Piranha Plant!

All this uncertainty is a making things tough for some businesses. It's a like trying to navigate a level full of Piranha Plants! But for the Wall Street trading desks it's a like printing money! They're a making out like bandits just like Wario trying to steal all my coins!

More Banks! More News!

Wells Fargo and Morgan Stanley also released their reports and Morgan Stanley had a similar trading activity surge. Looks like everyone is a jumping for joy on Wall Street. But remember what Jamie Dimon said! Be careful or you might fall down a pit! Now if you'll excuse me I'm a gonna go find a warp zone to escape all this financial talk! It's a me Mario! Wahoo!


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