$C, $WFC, $JPM, $GS all announced dramatically lower earnings due to dramatically higher credit loss reserves (with JPM matching our bearish view on consumer credit cards 2 months later https://t.co/BQFt3Mw0ce) Our 1st, 2nd consumer credit picks collapsing https://t.co/aehKXO2Kyf https://t.co/ov3qyBeVJS