peter tchir, head of microstrategy, will stay with us.et's talk about jpmorgan, kicking off with a return on equity of about 3%. profite looking at potentially increasing 7 billion dollars. jamie dimon will make brief remarks at 8:00 a.m. and then he will handed over to the cfo. joining us is alison williams, bloomberg intelligence senior financial analyst. what was your takeaway? alison: so far, so good. analysts were looking for higher people and i think most hoped for 17%. so far what we have learned are basically in line with optimistic expectations. alix: why is the stock down? n: because you are in line with optimistic expectations. up 12%,k so far is financials up 6%, and the market 4%. that is here today, and not thinking of outperformance we have seen. -- that is year to date. when we look at other targets, i think it was widely expected. last year's investor date came down to an 11.5% range and the 100% payout, again, if you did the math based on any number they gave you last year or throughout the year, it was something they co