Nice slide from JPM Q2 2020 Results showing activity measures across their lines of business.
“We saw record levels of debt and equity issuance in the quarter as clients bought to pay down the majority of the revolver draws“
“as markets rebounded to pre-COVID levels, May and June together were our two busiest months for equity issuance ever“
“More recently, we’ve seen the improvement in overall sales growth across the country flatten out, notably in both states with increasing cases and states with decreasing cases.”
“In Auto, April saw the lowest level of loan and lease originations since the financial crisis. But activity rebounded sharply in May and June. And in fact, June ended up the best month for auto originations in our history.“
“And in home lending, retail purchase applications, after reaching a low in April, recovered to well above pre-COVID levels in June due to a strong and broad market recovery.”
