by I thought that rising rates were supposed to be bearish????JPMorgan's profit could increase billion in the coming years from rising U.S. interest rates and accelerating loan growth https://t.co/ALEGO6GU8j pic.twitter.com/yGzK1YhwG8— Bloomberg Markets (@markets) February 27, 2018 JPM current market cap is 0B with a PE of 18. So an additional B of earnings at 18x would imply an additional 5B or perhaps well above a 25% increase in share price. Even just a 10x would imply close to 20% increase. Nothing sounding bearish here...
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
I thought that rising rates were supposed to be bearish????
JPMorgan's profit could increase $7 billion in the coming years from rising U.S. interest rates and accelerating loan growth https://t.co/ALEGO6GU8j pic.twitter.com/yGzK1YhwG8
— Bloomberg Markets (@markets) February 27, 2018
JPM current market cap is $400B with a PE of 18. So an additional $7B of earnings at 18x would imply an additional $125B or perhaps well above a 25% increase in share price. Even just a 10x would imply close to 20% increase. Nothing sounding bearish here...