JPMorgan Chase’s fixed income trading revenue climbed 21% during the first quarter on rising activity in commodities, credit, currencies and emerging markets.
The bank beat Wall Street expectations for revenue and earnings per share.
JPM lowered its guidance for full-year 2026 net interest income, a key driver of bank earnings, from the previous $104.5 billion to about $103 billion.
Source: https://www.cnbc.com/2026/04/14/jpmorgan-chase-jpm-earnings-1q-2026.html
None of this is surprising.
The first thing that came to mind at the start of the Iran -US war: likely broad – based margin compression for businesses in Q1 2026, and with almost full certainty in Q2 and beyond if the Iran – US war is protracted.
Prior to the US – Iran war, private credit anxieties surrounding hyperscalers CapEx and auto loans were front and centre of the economic theatre.
Is this the first economic siren?
JPMorgan cites complex economic risk, downward revision for 2026 guidance
byu/Plane-Try-6522 inStockMarket
Posted by Plane-Try-6522
1 Comment
Fuck no it’s not. Goobers like you have been calling for economic collapse since early last year. Made a lot of money inversing Reddit hivemind FUD.