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"JP Morgan CEO Dimon: 'stupid' political dysfunction poses risks for banks, Americans" by Roger Yu and Kevin McCoy
Capital Alpha President and financials analyst Chuck Gabriel was quoted in Roger Yu and Kevin McCoy's article, "JP Morgan CEO Dimon: 'stupid' political dysfunction poses risks for banks, Americans."
The quote reads:
"Bank stocks are down amid negative forward guidance from JPMorgan and others regarding net interest income," said Charles Gabriel, president of Capital Alpha. "In having to explain that to investors, Dimon blamed Washington for dragging its feet on tax reform, which has been expected to boost economic growth and therefore interest rates."