Cramer: Expect Money-Center Banks to Say Volatility's Been Good
Amid current market volatility, Jim Cramer says there's a bifurcation among the big banks.
Amid current market volatility, Jim Cramer says there's a bifurcation among the big banks -- as money-center banks like Citigroup, Goldman Sachs and J.P. Morgan know how to play volatility and can benefit from it, while regional banks like U.S. Bancorp are non-volatility plays. With many big banks reporting earnings next week, Cramer says he expects people will like what J.P. Morgan has to say on its conference call, as he believes chief executive Jamie Dimon's illness is improving and earnings should be good. He believes J.P. Morgan won't be the only big bank to say volatility's been good to its business -- that's what makes him a fan of the large, money-center banks right now.









