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:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
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...