“I don’t like vilifying anybody. I think we should applaud successful people,” said Dimon.
In the past week, several SEC commissioners have expressed their own concerns that there is not enough guidance to firms on how to comply with Reg BI.
They estimated that for each one percentage point reduction in benchmark interest rates, birth rates rose by 5% among families with ARM home loans.
A correction is often defined as a 10% drop, and the S&P 500 Index hasn’t seen one since December 2018, when it came a hair from the bear market zone.