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JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...
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May 30, 2026 / Tyler Durden
UK's Ofcom Investigates Airing Of Trump Interview Calling Climate Change A "Hoax"
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Feb 14, 2026 / Eric Margolis
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As the White House threatens war against Cuba, I am reminded of the charming evenings my parents and I spent at Havana’s venerable ‘Floridita Bar, sipping a newly invented cocktail, the Margarita, with the renowned writer, Ernest Hemingway. `Papa’ Hemingway, who then lived in Cuba, loved this island with a great passion and wrote about […]
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Apr 21, 2026 / Larry C. Johnson
Is Trump Going for Armageddon?
Pakistan is trying desperately to hold a new round of talks in Islamabad between the US and Iran. After conflicting statements from the Trump administration, it appears that JD Vance, accompanied by his Zionist watchers — Steve Witkoff and Jared Kushner — are headed back to Islamabad. As of 22:20 hours eastern, Iran’s lead negotiator, […]
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