HL held shares disappearing
Discussion
Healthy to be sitting on $57Trillion in derivatives? Or just unhealthy for the taxpayer who'll be funding the next bailout?
HL>CREST for US stocks>CREST owned by Euroclear>Euroclear developed and funded by JP Morgan>JP Morgan biggest holder of unregulated derivatives in what is obviously an extremely precarious time
HL>CREST for US stocks>CREST owned by Euroclear>Euroclear developed and funded by JP Morgan>JP Morgan biggest holder of unregulated derivatives in what is obviously an extremely precarious time
Edited by ReverendCounter on Tuesday 29th November 12:14
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800 said:
800 said:ReverendCounter said:
Looks like it may be linked to the severe situation that JP Morgan finds itself in.
Forgive my ignorance, but what is the severe situation JP Morgan is in? "Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
Revenue: $33.49 billion, exceeding the $32.1 billion estimate."
https://www.cnbc.com/2022/10/14/jpm-jpmorgan-chase...
I think the Rev may be something of a conspiracy lover
limpsfield said:
Their terrible quarterly earnings where they beat analysts expecations?
"Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
Revenue: $33.49 billion, exceeding the $32.1 billion estimate."
https://www.cnbc.com/2022/10/14/jpm-jpmorgan-chase...
I think the Rev may be something of a conspiracy lover
Why do you think one specific stock - a US stock - disappeared from HL portfolios?"Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
Revenue: $33.49 billion, exceeding the $32.1 billion estimate."
https://www.cnbc.com/2022/10/14/jpm-jpmorgan-chase...
I think the Rev may be something of a conspiracy lover
Actually just to add, it seems HL are having problems with many US stocks.
Edited by ReverendCounter on Tuesday 29th November 12:22
limpsfield said:
Their terrible quarterly earnings where they beat analysts expecations?
"Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
Revenue: $33.49 billion, exceeding the $32.1 billion estimate."
https://www.cnbc.com/2022/10/14/jpm-jpmorgan-chase...
I think the Rev may be something of a conspiracy lover
Maybe but you never know........."Earnings: $3.12 a share, beating the $2.88 estimate of analysts surveyed by Refinitiv.
Revenue: $33.49 billion, exceeding the $32.1 billion estimate."
https://www.cnbc.com/2022/10/14/jpm-jpmorgan-chase...
I think the Rev may be something of a conspiracy lover
Lehman reported record profits every year from 2005 to 2007. In 2007, it announced $4.2 billion in net income on $19.3 billion in revenue.
"Our capital position at the moment is strong."
-- Former Lehman Brothers CFO Ian Lowitt, five days before the firm filed for bankruptcy on September 15, 2008
Scootersp said:
Maybe but you never know.........
Lehman reported record profits every year from 2005 to 2007. In 2007, it announced $4.2 billion in net income on $19.3 billion in revenue.
"Our capital position at the moment is strong."
-- Former Lehman Brothers CFO Ian Lowitt, five days before the firm filed for bankruptcy on September 15, 2008
Derivatives have nothing to do with revenue and profit.Lehman reported record profits every year from 2005 to 2007. In 2007, it announced $4.2 billion in net income on $19.3 billion in revenue.
"Our capital position at the moment is strong."
-- Former Lehman Brothers CFO Ian Lowitt, five days before the firm filed for bankruptcy on September 15, 2008
They are financial instruments which alter with market prices.
gt_12345 said:
Derivatives have nothing to do with revenue and profit.
They are financial instruments which alter with market prices.
I might argue against the 'nothing' hereThey are financial instruments which alter with market prices.
but my point was merely that good news, positive reports on earnings etc etc don't always mean things are rosey or will stay rosey long.
gt_12345 said:
Derivatives have nothing to do with revenue and profit.
They are financial instruments which alter with market prices.
Is it true that they have been used since the 2008 crash as a vehicle to carry the debt, and that the 2008 crash never really went away because of this?They are financial instruments which alter with market prices.
ReverendCounter said:
Healthy to be sitting on $57Trillion in derivatives? Or just unhealthy for the taxpayer who'll be funding the next bailout?
HL>CREST for US stocks>CREST owned by Euroclear>Euroclear developed and funded by JP Morgan>JP Morgan biggest holder of unregulated derivatives in what is obviously an extremely precarious time
Seriously? HL>CREST for US stocks>CREST owned by Euroclear>Euroclear developed and funded by JP Morgan>JP Morgan biggest holder of unregulated derivatives in what is obviously an extremely precarious time
Edited by ReverendCounter on Tuesday 29th November 12:14
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