TASK DEFINITION: Given a document, generate a short title of the document. The title should convey the main idea/event/topic about which the document is being written. Note that URLs in the text have been replaced with [Link].
PROBLEM: Daniel Pinto's eyes lit up.
Daniel Pinto: I think that it is about momentum. If you look at 2016  the whole industry had a weaker-than-expected first quarter  and then the momentum gathered from the second quarter to the third quarter  and it continues into the fourth quarter  obviously with the normal seasonality. The fourth quarter is typically weaker than the third quarter  but the momentum continues. That 15% year-on-year increase in markets isn't different than what we saw in the previous quarters.
 Pinto : There's been a strong performance in rates  in emerging markets  in credit â it's all along the fixed-income complex.
 Pinto : When you listen to  his  potential policies  the market reaction is pretty much the mirror image of what  he  might do.
When you listen to  his  potential policies  the market reaction is pretty much the mirror image of what  he  might do.
 He  is pro-US growth  so therefore what you have is higher interest rates and the potential for the Fed to be more aggressive than it would have been otherwise. The equity-market valuations we're seeing aren't low  but there could be additional momentum  particularly in financials. It is not such a surprise.
Turner: There is an argument that the market has priced in all of the best bits of  his  policies and ignored some of the potential negative consequences.
 Pinto : We've been doing a lot of work. Some portions of the business are more electronic than they used to be  and that process may continue. For me  I've made it very clear  it is a business where success relates to your scale. To maintain your success  you have to maintain your scale. To maintain your scale  you have to adjust to however your clients want to execute. That is why David Hudson  who runs markets execution services  is creating an environment for the clients to execute through us in any way they want. That is not over. It will continue. We will continue to adjust because we're mirroring what our clients want.
 Pinto : The SEF aggregator is something we built  and no one uses it. Maybe they will one day. The world for me â the way I see it  for asset managers  more and more of their business is going to passive. That is the trend. Margins are compressing. Efficiency in the way they execute is more and more important  and so we need to face that. We need new ways to do things that are more effective for them.
 Pinto : This is fully loaded ROE for all the business lines in fixed income. This is what we produce. This line is the cost of capital  and every single business  on a fully loaded basis  is delivering a return ahead of the cost of capital  except for commodities  which is going through a process of adjustment. The most important part is if you were to eliminate one of those  not all of the capital goes away  not all of the cost goes away  so essentially the marginal impact  the ROE you would lose by closing the business  is far higher than 15%. That's why  for me  the completeness is very important.
 Pinto : It is shared infrastructure. Revenue flows go away  but capital related to operational and credit risk doesn't. That doesn't change just because you close a line of business. It just gets reassigned to different businesses. That's why when you start cutting you say  "I don't like rates â I'm going to cut rates " well  the marginal ROE of what is left is worse. And as you cut more  it gets worse and worse. In my view  when you start trying to cut costs in this type of business  you don't know when you'll stop cutting. The more you do  the more painful it will become â all in an environment where the wallet has been shrinking.
 Pinto : That's absolutely true. An example of that is equities. We will see how it plays out when equities goes into a down cycle. Everyone said  "We'll cut fixed income and focus all of our energy on protecting our equities franchise." Fine. Equities was growing. Now we have the first year where the equities wallet shrinks  and we may have another one. I don't know.
 Pinto : We look at client profitability on a long-term basis  not just this year. We measure quite accurately all of the resources we provide to the clients  capital  liquidity  the cost of everything  and then we give them credit for the resources they provide to us. They could leave their deposits with us. And then any other business we do  we calculate a marginal ROE  an absolute ROE  and we look at cycles rather than just one year. What it does is it gives you information to manage the relationship with the client. You can sit down with the client and say  "This is what it is  over the last number of years it has been X " so they know where they stand with us. It helps the salespeople to have an intelligent conversation with the client.
 Pinto : It is often easier when you partner with someone  make some progress  and then bring other people in  rather than getting a bunch of banks together and get them developing something from zero.
 Pinto : I think that in order to attract talent  you have to run the company in a way that is appealing to them. That's why we have a clear technology strategy  and have communicated externally about how vibrant and flexible JPMorgan is. It's a way to attract top talent into the organization. The more people you hire from top tech companies  the more talent comes along with them. You have to do what is right  and you have to communicate it too. The reality is that it is a vibrant institution  we're looking forward  we're successful  so therefore people want to join. We haven't had a problem attracting talent. Seventy-seven percent of our new hires into the corporate and investment bank last year were millennials  and they already make up more than 50% of the organization.

SOLUTION: Daniel Pinto JPMorgan CIB CEO interview

PROBLEM: And  Hugo Steven Selvaâs  girlfriend  Nicole Marie Novak  had a history of drug and burglary convictions  records indicate.
 Selva  was fatally shot by a deputy after he fled a strip mall in Lake Worth where he killed Novak.
In December 2016   Selvaâs  grandmother requested a restraining order against her grandson  records indicate  the Palm Beach Post reported.
 Hugo Steven Selva   26  fatally shot his girlfriend Nicole Novak  22  on Thursday in Palm Beach County  Florida.  Selva  was shot by a deputy after a wrong-way chase and crash on Interstate 95. (Facebook)
 She  claimed he âthreatened to kill me and ( Selva âs sister) on multiple occasions â the court petition shows.
 Marilyn Selva  said  her  grandson and  his  girlfriend usually visited and threatened  her  when  she  was alone.
 Suspect  fatally shoots two  including cop  before surrendering
In once instance  she  claims that  Selva   armed with a butcherâs knife  threatened to kill his grandmother  his sister  and then himself.
âI am in fear for my life as I am 77 years old and have health issues â  Marilyn Selva  wrote in  her  petition. â Hugo âs behavior and threats are escalating.  He  has become more demanding and forceful â  she  said.
 She  also alleged  he  suffered from drug and alcohol problems.
Novak was arrested six times between 2011 and 2012 on charges of drug possession  burglary and grand theft  records show  the Palm Beach Post reported.  She  served time in prison between January 2014 and May 2016.
 Hugo Steven Selva  killed his girlfriend in a Florida shopping center parking lot  dragged  her  into his SUV and then drove the wrong-way on a Florida interstate before he was fatally shot by a sheriff's deputy  officials said. (Lannis Waters/AP)
Robert Cecere  a Selva family friend  said  Hugo Selva  âwas too smart for school. He was always the funny guy. Good for a laugh. Loved my massage work and always made sure to get a treatment if I was in town â the Palm Beach Post reported.
 Selva  appears to have been on a shooting spree.

SOLUTION: Man who fatally shot girlfriend threatened to kill grandmother

PROBLEM: Then Balfour popped the question to their dog   Maia  with a pink rhinestone collar.
 âIt was a plan Iâve had for a while â said Balfour. âWe got  Maia  right around the same time we moved in together. Sheâs been a part of our family. It felt wrong to not include  her  in the proposal somehow. I knew I wanted  her  there for the photos  for sure. It made sense to have something for  her  as well.â
Getzinger said Balfourâs decision to include  Maia  was âliterally the sweetest thing ever.â
âI thought it was so cute â  she  said. â She âs super important to  me .  She âs with  me  all day every day. The fact he went out of his way to include  her  was really special to  me .â
â She  is our fur child â said Getzinger. âIâd like to involve  her  in the ceremony. If not the ceremony  definitely for pictures right after.  She  gets very excited when thereâs lots of people around.â
The wedding will take place on Getzingerâs dadâs farm  so âthereâs lots of space out there for  her  to run around â  she  said.

SOLUTION:
Man proposes to girlfriend and their dog with pink rhinestone collar