Bank Of America Delivers Underwhelming Hodgepodge Of Numbers It’s Calling ‘Q3 Results’
Third quarter results from JPMorgan and Citi suggested the worst-case scenario for consumers and businesses in the world's largest economy isn't playing out -- yet.
"Yet" is the key word there, and shares of both banks fell Tuesday as investors weren't particularly enamored with some of the subsequent commentary from higher-ups, who appeared to suggest that Q3's modicum of stability may presage pain down the road.
"Our base case has improved a bit, but uncertainty is still high," JPMorgan CFO
