John Butters

John Butters is an experienced financial analyst with over 15 years in the industry. He currently serves as Vice President and Senior Earnings Analyst at FactSet, where he provides analysis on trends in corporate earnings data for the S&P 500. His weekly research report,

59%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

50%

Examples:

  • The author's articles show a slight lean towards the financial sector by reporting on earnings growth and projections.

Conflicts of Interest

75%

Examples:

  • The author works for FactSet, a financial data company, and the articles focus on topics related to their industry such as earnings reports and CPI.

Contradictions

15%

Examples:

  • In the first article, it was stated that JPMorgan's Q2 margin would be slightly higher than last year at 2.65%, but in the second article, it was mentioned that the Consumer Price Index for March 2024 is projected to rise by 3.4% which contradicts a previous statement of a 5.9% increase in January 2024.

Deceptions

40%

Examples:

  • In the second article, the author's statement about the highest year-over-year increase since December 2023 is misleading as there was a higher increase in January 2024. Also, the author fails to mention that the median estimate for February was lower than expected.

Recent Articles

Bank Earnings Season Kicks Off: JPMorgan, Citigroup, and Wells Fargo Preview; Net Interest Margins Expected to Improve in H2 2024

Bank Earnings Season Kicks Off: JPMorgan, Citigroup, and Wells Fargo Preview; Net Interest Margins Expected to Improve in H2 2024

Broke On: Thursday, 11 July 2024 JPMorgan Chase, Citigroup, and Wells Fargo kick off bank earnings season with projected net interest margin improvements and increased provisions for credit losses. The Financials sector anticipates over 40% of S&P 500 companies reporting Q2 earnings growth, except for Multi-line Insurance (-16%). The US Treasury's upcoming refunding update will impact bond supply and loan loss reserves.
March's Consumer Price Index Expected to Show Headline Inflation of 3.4% and Core Prices Rising by 3.7%

March's Consumer Price Index Expected to Show Headline Inflation of 3.4% and Core Prices Rising by 3.7%

Broke On: Friday, 15 March 2024 Inflation has been a persistent problem for the US economy, with prices increasing more than 20% overall since the start of the pandemic. On Wednesday, investors will digest one of the most important data points that will help determine whether or not interest rates should be cut later this year: March's Consumer Price Index (CPI). The CPI is expected to show headline inflation of 3.4%, an acceleration from February's annual gain in prices, according to estimates from Bloomberg. Higher energy costs, fueled by a jump in gas prices, are expected to have driven the increase.