April 25, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--First-quarter earnings season so far has shown that concerns about a global financial crisis may have been overblown, though the outlook is a bit more nuanced for energy. Big lender JP Morgan Chase reported first quarter revenue of $38.3 billion, a 25% increase over year-ago levels. Chief Executive Jamie Dimon said the U.S. economy is healthy, consumers are spending, and business is booming.
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