Category: Reddit Post

CITIGROUP earnings out

EPS $1.52 Rev $20.1bln 2Q INVESTMENT BANKING REV. $853M, EST. $870.4M 2Q BANKING REV. $1.63B, EST. $1.55B 2Q FICC SALES & TRADING REV $3.56B, EST. $3.61B submitted by /u/XGramatik [link] [comments]

JPM trading -0.8% in the premarket session

JPMORGAN 2Q INVESTMENT BANKING REV. $2.46B, EST. $2.13B JPMORGAN 2Q MANAGED NET INTEREST INCOME $22.86B, EST. $22.82B JPMORGAN QTR INCLUDES $821M NET RESERVE BUILD submitted by /u/XGramatik [link] [comments]

Thoughts from BlackBull Markets

US Inflation cooled further in June, rising 3.0%, below expectations for 3.1%, and may soon usher in cuts by the Fed. But economists don’t think the Fed will be ready to cut rates by the time they meet later this month, shifting attention to this year’s remaining meetings in Sept, Nov and Dec (the Nov occurs during election week, so not ideal timing). submitted by /u/XGramatik [link] [comments]

When You’re Tired of Decisions

If you’ve been trading long enough, at some point you’ll realize that despite all the time, energy, and excitement you’ve invested, the return on an index fund during this period is at least as good as yours. Or, a more fortunate but very rare scenario, you’ve suddenly amassed enough money that market returns will suffice for the rest of your life. And if you’re tired of stock picking, market timing, and all that hassle, or if you’re fed up with staring at a terminal and tracking the news, or you no longer want to stress about how election results will impact your portfolio, then it’s time to find someone who will stress about it for you. submitted by /u/FXgram_ [link] [comments]

Money?

submitted by /u/Lor1al [link] [comments]

“Butt”-Hours

Work, guys, is all about “butt” hours. It’s like when you’re reading a higher math textbook and then doing your homework. No super-efficient productivity hacker can help you here. Tony Robbins won’t help you either. Time management isn’t necessary: you just sit and get to it. You don’t need magical 25-minute intervals (like the popular “working” life hack called the Pomodoro Technique). In reality, you don’t need extra notes or summaries. You don’t need any dumbed-down videos. You don’t need colorful markers to highlight an important formula in yellow because all the formulas are important. No one can master higher math using some clever trick. Everyone learns the same way. How? By doing the damn work. You need a textbook, a pen, paper, and time. Any extra gimmicks, gadgets, and tools will worsen the result. It might seem like they make the work faster, but no. They might make you do SOMETHING faster. But that something is NOT the work. Get it? They’ll take your time, sure. They’ll give you some result. Just not the result you needed when you sat down with the textbook. Yes, the problem from the textbook will be solved. But you won’t learn how to solve it faster. Building a new startup? It’s the same deal. Listen to your users. All the time. Every day. Then sit down and write a code. This, of course, brings to mind scenes from the movie “The Social Network,” where Zuckerberg rushes off to code a new feature about who’s dating or breaking up. So, let all your employees join in and do the same. Repeat endlessly. Many think startups are wildly complex. In some ways (like the risk of going insane), they are. But in another sense, they’re simple: you just do three things over and over for a long time. Sell. Code. Hire. Repeat the next day. You can’t build a startup by watching YouTube videos. Now, I hope you understand what I mean. You can only build a startup by delivering a working code. All you need is a laptop and maybe a transport pass if you write your code in the office. submitted by /u/FXgram_ [link] [comments]