Diamonds and Dogs


Banks higher on earnings. JP Morgan (JPM) is higher by 2% following better than expected earnings. JP Morgan easily beat estimates as revenues rose 10.4% to $32.72 billion as the consumer has stayed resilient. However, the nation's biggest bank is building loan losses reserves in case of a potential economic hurricane.

Beyond Meat (BYND) has seen better days. The plant-based meat company is down 9% as demand continues to dwindle fo their products. The company is reducing their global workforce by 19% to cut costs including the embattled alleged nose biting COO, Doug Ramsey.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.