Bankers do not necessarily have to be liked — people just have to like their numbers, CNBC's Jim Cramer said Wednesday.
Earlier, the top brass of the biggest U.S. financial institutions appeared before the House Financial Services Committee, where lawmakers grilled the CEOs with questions about the financial crisis a decade ago. "We're not in danger of another financial crisis, this Congress is too divided to pass real legislation," he said."So all we're left with is political theater, which means we can ignore Washington and focus on what's happening at individual companies."
But the host circled on his calendar the financial institutions that will report earnings later this week. J.P. Morgan Chase, PNC Financial, and Wells Fargo all report before the bell Friday.
Source: News Formal (newsformal.com)
Thanks. -A Banker
no morals
I have no problem with banks. I want are banks solvent and strong. I have a problem with the crooks who plotted to loot the American public and got away with it. Keep the Banks. Jail and Clawback all the crooks of 2008.
For who ? For what ?
After today I can't imagine any banker wanting to be a Democrat.
It would be great if RepMaxineWaters could be on MadMoneyOnCNBC with jimcramer
It's ALL About MONEY. How Human LOL!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Burlington Stores could be the next retailer to rebound, Jim Cramer saysJim Cramer breaks down Burlington Stores' most recent earnings and explains why he thinks the stock is ready to rebound. Jim Cramer is mostly full of 💩 That retailer might be opening up new stores but the merchandise is horrible. It's worse than Sears. After he’s done shorting it
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: 'We're in trouble' if JP Morgan's stock doesn't rally when it reports earnings'If that stock doesn't go up when it reports we're in trouble,' CNBC's Jim Cramer says. That is your first clue? You’re in trouble. jimcramer never will I be associated with TEAM We're $rvn $flo
Source: CNBC - 🏆 12. / 72 Read more »
Investors may think the market is reaching a top, but I'm not buying it, Jim Cramer saysJim Cramer breaks down 10 reasons that people forecast the market could soon reverse course. You just want more money Jim... You will say anything to get it Jim Cramer is the best contrarian indicator there is. SELL! In the market, the top and bottom represent a relative problem, but the important thing remains in the optimum performance of the facility
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: Why the decline in cloud stocks and Lyft's move higher go hand in handJim Cramer discusses what the drop in cloud stocks signals for the IPO market. Crater Blah, blah, blah ... pump, blah ,,,
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: The catalyst for this bank stock should create tremendous valueJim Cramer explains why Chemical Financial is unlike the rest of the bank stocks. I'd believe it, dang!
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Tradeweb isn't cheap after its IPO, but it's worth buying slowlyJim Cramer breaks down Tradeweb's IPO and explains why the stock could be worth buying. Because foment. jimcramer “ice cold” comment on $LYFT pretty much marked the bottom on the stock. Looks like he’s the one who’s cold when it comes to IPOs jimcramer is spot on with this call. I think this is one to get in on early. And when the recession comes buy more when it goes on sale.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer's lightning round: I promised my kids I wouldn't, but I recommend this stockJim Cramer zips through his thoughts on callers' questions about their stock picks of the day. Why does Cramer still exist? He’s a nobody who screams about stocks and is wrong about everything.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: Another pullback could push the market to keep rallyingJim Cramer advises investors not to panic after Tuesday's dip, citing a down day could lead to big rallies for companies ahead of earnings season. More BSing people, huh? I’d have to say this guy is definitely getting paid by the market makers. If the market does not pull back....the rich can't make big money.....
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: JP Morgan's GE downgrade is a 'working document' Culp can use to fix the companyGE's Larry Culp can turn J.P. Morgan's recent downgrade of GE shares into a positive, using the firm's note as a sort of road map to fix the struggling conglomerate, CNBC's Jim Cramer says. Buying opportunity.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Zillow's home-flipping plan is too risky even with a new CEO'I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky. I'm not yet sold on the new Zillow, even with a much better class of CEO,' Jim Cramer says. ChazAltitude
Source: CNBC - 🏆 12. / 72 Read more »
Cramer Remix: A trade deal could push this stock even higherJim Cramer breaks down how a truce between the U.S. and China could alleviate the headwinds for 3M. Can we have a deal or gonna be 25% taxes Sure China never gives up Taiwan also built up illegal South China Sea. Trump's asking too much. ? Stupid Cramer pumping everything
Source: CNBC - 🏆 12. / 72 Read more »