Up some 350 points right now! I wonder if it will hold until the end of day... If it ends in red I think we'll see panic tomorrow...
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Up some 350 points right now! I wonder if it will hold until the end of day... If it ends in red I think we'll see panic tomorrow...
They are just positioning all bad eggs in those baskets that they will trash at a later date.
over lords made money now back to fishing for more
Approaching Asteroid Threatens Banks
http://www.thedailybell.com/images/library/asteroid.jpghttp://www.thedailybell.com/news-ana...reatens-Banks/ This is a remarkable admission by Dimon. He knows his species of banker is inferior. He thinks hard work will let JPMorgan Chase stay competitive. We should wish him well, but the traits he needs to survive are not in his bank's DNA. This being the case, the only way traditional banks can survive is with political protection, and that can't last forever. Consumers will ultimately decide. Maybe, as a last gasp, the government can establish a financial endangered species refuge. Think of it as Yellowstone for bankers. They can graze there peacefully and remind us of a world gone by