Tag: JPM

Powell’s Puzzle. Dimon A Winner.

Powell’s Puzzle. Dimon A Winner.

Fed Chair Powell has the backbone of a jellyfish. Therefore it will be interesting to see what he and his band of banking flunkies do at their FOMC meeting later this month - especially if Financials continue to trade down and should consumer prices remain elevated as we expect (CPI release is Tuesday at 8:30am … Continue reading Powell’s Puzzle. Dimon A Winner.

Tough Month For Banks

Tough Month For Banks

Tough month for bank stocks. Not a surprise when 3 month T-Bills yield 5%. How many depository institutions can compete at that rate level? Will the Fed blink? If JPM and GS shares crater - Yes. Otherwise, probably not. Also, as we wrote last night, SIVB may have a new owner come Monday. Source: https://g.co/finance/BANK:INDEXNASDAQ?window=1MContinue reading Tough Month For Banks

Technology Leaders Will Gain Share

Technology Leaders Will Gain Share

Past recessions have taught us that leading Technology companies typically gain marketshare during down economies. I would expect this economic down period to be no different. Good news for Amazon (AMZN), Microsoft (MSFT), and others. Amazon (AMZN) and Microsoft (MSFT): Amazon's AWS unit and Microsoft's Azure unit will be mixed bags: Usage: Usage - and … Continue reading Technology Leaders Will Gain Share

Square, PayPal, and Apple Will Dominate A Digital Currency World

Square, PayPal, and Apple Will Dominate A Digital Currency World

A digital currency world is coming. The 2022 Beijing Olympics will operate via a digital RMB for local attendees and may include digital cross-border payments as well. Our Federal Reserve is experimenting with digital currency. Both Fed Chair Powell and Treasury Secretary Yellen have talked down Bitcoin and said the U.S. will move slowly with … Continue reading Square, PayPal, and Apple Will Dominate A Digital Currency World

Back To The Office Will Look Different Compared To 2019

Back To The Office Will Look Different Compared To 2019

Director & Officer ("D&O") insurance premiums spiked and coverage narrowed last year as a result of COVID-19. As vaccinations are distributed COVID-related underwriting risk will begin to soften which will be reflected in lower premiums and broader coverage. All of this is to say do not expect every mid-to-large-sized company to be fully back to … Continue reading Back To The Office Will Look Different Compared To 2019

Banks Need To Try Something New

Banks Need To Try Something New

Last night it was reported that M&T Bank (tkr: MTB) would acquire People's United (tkr: PBCT) for more than $7 billion. These "scale" acquisitions between regional banks simply delay the inevitable. What is required is the hard work of evolving business models and service delivery capabilities. More of the same won't suffice. Regional banks are … Continue reading Banks Need To Try Something New

Artificial Intelligence Is Electricity 2.0

Artificial Intelligence Is Electricity 2.0

AWS, Azure and GCP are to thank in large part for the proliferation of applications powered by broadly-defined AI. The big three remote server platforms have made it increasingly easy for companies of all sizes from all industries to build applications that incorporate core AI, machine learning, deep learning and related capabilities. A wide variety … Continue reading Artificial Intelligence Is Electricity 2.0

Square’s Cash App Has A Fraud Problem

Square’s Cash App Has A Fraud Problem

We compared a number of Fintech apps in the Google Play Store. Square's Cash App ranked #7 (See our analysis for Fintech rankings). Venmo failed to rank in the top 600. Recent Cash App user reviews from the same Google Play Store analysis suggest Cash App is frequently hacked. View our analysis by clicking the … Continue reading Square’s Cash App Has A Fraud Problem