Tag: CitiGroup
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Big Bank Earnings are out, while Mainstream Media (Fake News) Provides Damage Control
Big Bank Earnings are out and the media is trying to put a pretty ribbon on the horrid results! In Sum YTD these banks are down: Wells Fargo – 15.5% Morgan Stanley – 22% CitiGroup – 32.4% PNC – 27.1% The winner of the Biggest Drop in this report (https://www.investors.com/news/bank-earnings-jpmorgan-wells-fargo-morgan-stanley-citi-pnc-set-to-report/) is: JPMorgan Chase – 34.6%…