JP Morgan came out with good numbers today, much better than the market expected. The stock was up about 6% in pre-market trading. I'm skeptical about this short-term “showing”. JPM is as subject as any bank to the inversion of interest rates. They may have gained as depositors fled from regi
While I believe the equity markets are generally overvalued at this time, there are always companies who are undervalued. In essence, just because most companies are overvalued doesn't mean that everything is overvalued.
