Must have been a slow news day.

“Graseck sees the $US1 trillion market-value landmark being reached in 12 years’ time if interest rates remain elevated,”

They don’t know what’s happening next week never mind extrapolating out 12 years! And I bet she didn’t factor in billions of dollars of fines they’ll likely face over that time period, or the value of the dollar in 3 halvings time.

https://www.afr.com/markets/equity-markets/jpmorgan-could-reach-us1-trillion-market-value-by-2030-ms-20230225-p5cniz

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