JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing

<p>Watch Paul LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br /><br />Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo<br /><br />Alison Williams, Bloomberg Intelligence Senior Analyst, Global Banks and Asset Managers, discusses U.S bank earnings. JPMorgan Chase &amp; Co.&rsquo;s investment bankers eked out a surprise gain in the second quarter. Citigroup's traders had their best second quarter in five years, with revenue buoyed by record trading volumes in the quarter. Wells Fargo&rsquo;s total assets stood at&nbsp;$1.98 trillion&nbsp;at the end of the second quarter, an increase that followed its long-anticipated freedom from a Federal Reserve cap.<br /><br />Michelle Davis, Bloomberg Senior Deals Reporter, discusses how UnitedHealth Group had managed to pull off an impressive feat: more than 60 consecutive quarters of earnings that beat Wall Street estimates.<br /><br />Nicole D'Souza, Bloomberg Intelligence Internet and Software Equity Analyst, discusses Bloomberg Intelligence&rsquo;s research about dating apps and how Gen Z is using them. BI says Gen Z is more likely to be single and not dating, have an unfavorable view of dating apps, and less likely to pay for dating apps. This is a change from Millennial dating patterns.<br /><br />Neil Sipes, Bloomberg Intelligence Financials Analyst, discusses BlackRock&nbsp;dropping the most since April as revenue and performance fees missed estimates, even as the world&rsquo;s largest money manager hit a record $12.5 trillion in assets.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>