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Stock impact report

"The Future Ain't What It Used To Be" [zero hedge]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: zero hedge
Authored by MN Gordon via EconomicPrism.com,Something rather distressing with the political economy’s going on...The populace, through a long sequence of self-inflicted economic and social depravities, has a bazillion and one fire ants up its pantaloons.  What’s more, they don’t like the uneven mix of pain and panic this provokes.  But they aren’t quite sure how to put a stop to it.By their estimation, the main problem, on surface, is that general incomes do not cover general expenses and debt obligations.  There’s even data to support this.  For example, just this week it was reported that a record seven million Americans are 90 days behind on car loan payments.Indeed, incomes aren’t cutting it.  But why aren’t they?  What has reduced the aggregate value of labor so far below the aggregate price of goods and services?  What’s the real source of the working stiff’s grave economic discomfort?A scratch below the surface reveals something rather fantastical.  Though scarcely a soul cares Show less Read more
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