A 68% surge in earnings in JP Morgan Chase is another sign of maturing bubble in M&A
Special Correspondent
Jan. 17, 2007

Merger and Acquisition mania has surpassed all records in history. A 68% surge in earnings in JP Morgan Chase is another sign of maturing bubble in M&A.

J.P. Morgan Chase & Co. Wednesday posted a 68% surge in fourth-quarter net income, as strength in investment banking and one-time gains offset a decline in retail banking.

Every bull market finally matures with exploding M&A mania. In recent days it happened in 1987 and 1999-2000.

The M&A mania happens before collapse because investors become complacent and lose track of real value. Investment banking has seen its largest peak with salaries and bonus soaring like never before.

A 68% surge in earnings in JP Morgan Chase is another sign of maturing bubble in M&A
Special Correspondent
Every bull market finally matures with exploding M&A mania. In recent days it happened in 1987 and 1999-2000.
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