JPMorgan, Goldman Sachs Post Higher Q3 Profit on Trading Strength

JPMorgan and Goldman Sachs reported higher third-quarter 2026 profit on Oct. 13, beating expectations as trading and deal fees — Wall Street revenue — drove results, according to Wall Street Journal coverage. For savers and borrowers, strong markets income cushions banks even as high rates squeeze credit. I'm skeptical beats this narrow tell us much about loan health ahead.