Inflation isn't good for JPMorgan -portfolio manager

"In the face of everything we've seen with inflation over the past six months, I think can't be good for that stock (JPMorgan. Chase) and and the market generally," said Toews.

JPMorgan Chase posted fourth-quarter profit ahead of market expectations on Friday, but its shares fell as much as 6% as analysts expressed disappointment over its forecasts for future profitability.

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