Bank profits surge, executives warn

14h

JPMorgan Chase, Goldman Sachs and Citigroup posted bumper profits as dealmaking and trading lifted revenues, while executives cautioned that geopolitical risks and inflation could threaten markets.

by Brendan Nyhan

Scholar power: 6.4%

Story's scientific field profile

Business 50%, Economics 40%, Political science 10%

Name	Field match	H-index	Scholar power
🎓 Brendan Nyhan	3%	51	6.4%

Formula for scholar power: 3 × author's field match × √author's h-index

Ranking score inputs

Relevance

Recency

Reposts

Scholar power

45.0%

21.3 h

6.4%

Ranking score

0.017

Formula for ranking score (post): scholar_power × max((total_reposts)^(1/3), 1) × (1 / max(hours_since_posted, 1)) × (raw_relevance)^3

Brendan Nyhan

@brendannyhan.bsky.social

"When the dust settles, we’ll probably see a whole lot of books written about the fancy math games that convinced investors that two companies passing $100 billion back and forth were creating $200 billion in value instead of having a net financial impact of 0" davekarpf.substack.com/p/its-giving...

It's Giving Enron

On the AI bubble, and the various echoes of the dotcom crash

davekarpf.substack.com

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