Jamie Dimon raves about the strength of the US consumer [CNBC]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: CNBC
Jamie Dimon raves about the strength of the US consumer J.P. Morgan chief "Double-digit growth in credit card sales and merchant processing volumes reflected healthy consumer spending and drove 8% growth in credit card loans, while mortgage and auto originations showed solid improvement, and we continued to attract new deposits, up 3%." J.P. Morgan reported better-than-expected second-quarter results Double digit growth in credit card sales and merchant processing further demonstrated that U.S. consumer spending is healthy.
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