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Business InsiderHOLY COW: JPMorgan's Trading Loss Could Be $9 BillionBusiness InsiderPOLITICO's Ben White notes astutely that it's nice timing for JPMorgan to let this news leak on the day the SCOTUS healthcare announcement will be released…
Update: Holy cow.
Total collapse!
The Philly Fed index just came in at -30.7, an epic drop form the +3.2 we saw last month.
Estimates were actually for it to go somewhat higher to +2.
The situation confirms the bad news we got earlier this week…