JP Morgan Chase is set to report first-quarter earnings – here's what the Street expects

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JP Morgan Chase is set to report first-quarter earnings – here's what the Street expects
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Bank stocks under-performed the broader market in the first quarter after the Federal Reserve said in March that it was pausing rate hikes for the remainder of the year.

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div > div.group > p:first-child"> Here's what Wall Street expects:Revenue: $28.4 billion, a 0.3% decline from a year earlier.Trading Revenue: Fixed income $3.64 billion, Equities $1.76 billion

The abrupt shift – three months after the Fed signaled two increases for 2019 – roiled bond markets, leading to lower yields on long-term Treasuries than some shorter-term debt. That punished bank stocks, as a so-called inverted yield curve hurts the industry's profit margins and signals a possible recession on the horizon, which would cause more loan losses.

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9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!!

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