Random Shots (Absolute Returns Partners Edition)

With so much going on at the moment and so many themes fighting to claim the main market discourse, I am in the mood for some random shots. First of all and to my continuing regret I have never actually got to thank Niels C. Jensen from Absolute Return Partners for the nice coverage . . . → Read More: Random Shots (Absolute Returns Partners Edition)

Delinquencies Down; JP Morgan 1Q Profits Rise; Hiring to Follow

What a difference a year can make. The improving economy in 2010 now has J.P. Morgan Chase & Co.’s (JPM) growing earnings again, with loan delinquencies declining, and steadily decreasing allocations for bad loans.

On Wednesday the second-largest bank in the U.S. said that its net income rose by 55% from a year earlier . . . → Read More: Delinquencies Down; JP Morgan 1Q Profits Rise; Hiring to Follow

Economic Events on April 15, 2010

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 440,000 new jobless claims last week, which would be slightly less than the higher than expected number reported last week.

Also at 8:30 AM EDT, the Empire State manufacturing index will be released.  The . . . → Read More: Economic Events on April 15, 2010