Bloomberg: JPM profit could increase $7 billion in the coming years

Summary:
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...

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