CCF Stock Recent News

Shares of major financial companies JPMorgan Chase (JPM -5.18%), Wells Fargo (WFC -7.31%), and Warren Buffett holding American Express (AXP -5.15%) were all down significantly on Monday, falling 3.8%, 5.1%, and 2.9%, respectively, as of 12:04 p.m. ET.

JPMorgan Chase (JPM -1.73%) is the amalgam of two iconic names in the finance industry. The company is well respected and has been executing well.

Shares of the bank stocks JPMorgan Chase (JPM -1.73%) and Wells Fargo (WFC -2.20%) fell 1.7% and 2.2%, respectively, for no obvious reason but likely due to new economic data and ongoing tariff news that seems to change daily.

Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra. In December, the CFPB sued Early Warning Services, which runs the peer-to-peer payments network, as well as JPMorgan Chase, Bank of America and Wells Fargo, alleging that the firms failed to properly investigate fraud complaints or give victims reimbursement.

Many of the largest banks in the U.S. are getting hammered today, as economic concerns over President Donald Trump's tariffs and economic growth continue to impact the broader market.

Every quarter, we get a peek into what the largest funds are doing with their money, as they are required to file a 13-F form with the U.S. Securities & Exchange Commission to state what their holdings are at the end of a quarter. Forty-five days later, this information is released to the public so we can track what billionaires are doing with their money.

We advocate for increasing portfolio exposure to high-quality, fixed-income investment products amid overvalued common equity, focusing on CEF-issued preferred stocks with appealing yields and capital appreciation potential. JPMorgan Chase & Co.'s preferred stock is compared to GAMCO Global Gold's preferred stock, highlighting the latter's superior credit quality and history of lower downside deviation. Despite JPMorgan's strong market performance and solid dividend history, its preferred stock underperforms GGN-B in times of market distress due to lower credit quality.

JPMorgan Chase (JPM 2.16%) is a financial services powerhouse. Its product offering ranges from basic checking and savings accounts for consumers all the way to mergers and acquisitions advice for some of the largest corporations around.

It isn't easy to get enthusiastic about a stock just after it reaches its all-time high. This has been the case recently with U.S. megabank JPMorgan Chase (JPM 0.10%), which reached such a peak in mid-February but has generally been sliding since.

Jamie Dimon, JPMorgan Chase chairman and CEO, joins 'The Exchange' to discuss the current macroeconomic environment, if DOGE's efforts could weigh on the economy, and much more.