President's Letter to Shareholders Form

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moving on to our second ticker and that is JP Morgan this sucks slightly in the green here moving up just around nine tenths of a percentage point and this comes after the release of CEO Jamie Dimon xan Yule letter to shareholders the company recorded a record profit in 2018 posting net income of 32 and a half billion dollars Dimon also defending capitalism in that letter writing quote socialism inevitably produces stagnation corruption and often worse this would be as much a disaster for our country as it has been in other places it's been tried Yahoo Finance's Julia LaRoche is with me and Julia I know that you started reading this letter very early this morning I first want to start off with what Jamie Dimon started off with and that was just the record performance of the company last year in terms of profit what's important here is this not just because of tax reform right well he did point out that tax reform did boost net income by 3.7 billion and he has for a long time called for