(https://www.marketwatch.com/story/jpmorgan-beats-profit-expectations-by-the-most-in-five-years-as-equity-markets-revenue-surges-9a0d8805?mod=mw_rss_topstories) and the stock goes DOWN. That's not a random dip — that's the market pricing in what the headline hides. Equity markets revenue surged because volatility finally woke up, but JPM's guidance on net interest income is the real story.

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