JPM CEO Jamie Dimon Warns Stock is Expensive & Talks Retirement

Jamie Dimon, the CEO of America's largest bank, warned that JP Morgan stock is too expensive for the company to think about expanding it's buyback program at these levels. He also changed the language he typically uses when talking about his retirement to suggest it may be sooner than some think. Elsewhere Lowe's stock jumped this morning on lousy earnings that beat lowered expectations and there's a new report showing Americans are going deeper into debt just to eat.

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