JPMorgan Exec: Trump Puts Banks Into ‘Go Mode'
Portfolio Pulse from
Mary Erdoes, head of asset and wealth management at JPMorgan, stated that American banks are in 'go mode' with Donald Trump's return to the White House.
January 21, 2025 | 2:00 pm
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Mary Erdoes from JPMorgan indicates that American banks, including JPMorgan, are in 'go mode' with Trump's return, suggesting potential positive momentum for the banking sector.
Mary Erdoes' statement suggests that JPMorgan, along with other banks, is preparing for increased activity or opportunities with Trump's return. This could lead to positive sentiment and potential stock price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80