MM102: J.P. Morgan's $1trl target & why good data is bad news for stocks!
Market Maker
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The Risks of JP Morgan's Investment in Technology
JP Morgan is investing about $12 billion in a broad range of technologies simultaneously. Their team of technologists is like the aiming I think for 50,000,. which is the most other banks, who's all headcount. But these big banks, they're trying to kind of get their old tech stack and trying to revolutionize it are costing huge amounts of money. And so yeah, they got to go big investment side.
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