JPMorgan CEO Jamie Dimon weighed in on credit conditions during the bank's call with analysts this morning:
"I'm not going to give you very specific stuff, but we're tightening up a little bit on credit. I think some of the credit terms have gotten a little bit loose ... We just don't feel like we have to chase that kind of stuff anymore."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.