Stocks slump, big banks beat and LA’s housing market standstill 10/14/22
Power Lunch
00:00
JP Morgan Chase - What Do You Like About Them?
Even with today's moves, you're looking at the bank still trading at roughly book value. Investors really want to see a real capitulation in the stock prices and banks truly pricing in a recession themselves before they feel compelled to dip in. Doug Butler is putting his money into JP Morgan and says the S&P will make its way higher over the coming year.
Play episode from 03:58
Transcript
