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Wells Fargo at Citi Conference  Form

Wells Fargo at Citi Conference Form

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we want to start with the biger driver of the market this morning and that is the bank earnings that we got out JP Morgan coming out of the gate very strong with its third quarter results we're looking at gains of just about 1 and a half% in the pre-market Revenue beating the street at $4.7 billion with adjusted earnings per share of $433 net interest margins helping the numbers here CEO Jamie Diamond calling it a quote solid quarter also adding that these results benefit from our over earning on both net interest income and below normal credit cost L did digest in this report here Brad but clearly from looking at these numbers especially the headline numbers once again JP Morgan really showing its dominance and why it is uh the leader here when it comes to the US Banks at least right now what stuck out to me though wasn't necessarily the headline numbers it was some of the comments that we heard from CEO Jamie Diamond and in this he talked a lot about the the economy the consumer sayi

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