Takayama

Bank Asset Values a Lingering Problem

Elimination of mark to market accounting is the dirtiest trick I could imagine, and it is a disgrace the US condones such an act of evil. HFT is another. The US is the axis of evil, and the North Korea of the financial world.
Bonuses are paid out because of this accounting magic.

Bank Asset Values a Lingering Problem

Elimination of mark to market accounting is the dirtiest trick I could imagine, and it is a disgrace the US condones such an act of evil. HFT is another. The US is the axis of evil, and the North Korea of the financial world.
Bonuses are paid out because of this accounting magic.

A Bull Market That Few Are Buying

Good work. There is always two sides of the coin, and economics being an inexact science. The US economy is like a sick man given new super drugs, but once the drug effect wears out, the patient will be much worse than before.
The present bull rally is therefore NOT sustainable. We see this behavior before in the Japan market crash. History repeats itself.
This rally is supported by the big stimulus package and the printing of more US dollars.