Charting Disappearing Investment Banking Revenues And Profits, JPM Edition

Tyler Durden's picture

One chart is enough to show not only why the JPM stock is and should be down, but why the entire financial stock levitation in the past few weeks has been on nothing but vapors - as can be seen too well, the ongoing collapse in equity and credit trading volumes, not to mention actual investment banking deals, is crunching the firm's primary driver of earnings - its investment banking division, which just came at year lows in virtually all categories.