🚀Banks 🇺🇸 JPMorgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley wrote off $5 billion in the 2nd quarter due to non-payment of loans!😱 The main reason is debts on 💳 credit cards. JPMorgan alone lost $1.1 billion: 66% worse!😯

🏢The mortgage crisis is also noticeable, especially in office space due to remote work. Wells Fargo is setting aside $1 billion for potential losses.

📣All opinions are in the comments! Feel free to discuss! 👇👍