MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
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The Future of Commercial Real Estate
It seems to be, again, you're making hay when the sun is shining. These write-downs that usually put a drag on your net interest income, we're not seeing them. Provisions are going up. There is the expectation that there will be more in the future, but they're not really getting tapped. But back to the original point, maybe it's not going to be as bad as we thought.
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