The (https://www.cnbc.com/2026/08/19/fed-minutes-july-2026-officials-saw-need-for-rate-hike-if-inflation-doesnt-cool.html) just signaled more rate hikes coming if inflation stays elevated. Market's reading this as bullish for financials — higher rates = wider NII spreads. But balance sheet stress and earnings momentum tell a different story. JPM posted annual revenue with a net margin of .

Research these companies