madeconomist

JPM's Dimon: Prime Loan Losses Could Triple [Housing Tracker]

Well actually it's still sub prime for rest of the market, but it's everything for Dimon and JPM because they bought that additional risk by purchasing Bear and knowing fully and with complete information that this was going to come back and haunt them. So what if it hurts shareholder values in the process? Dimon doesn't think that deep or doesn't care.

Why Oil Tripped as Fannie & Freddie Survived

This is a great explanation of the event. I tend to be a little bit of conspiration theorist. So, I believe on the other hand that some kind of deal was struck between the Chinese government and ours. That we use our good sources to hold the oil prices low for a while, as China helps us investing in Fannie and Freddie. Hence, Fannie Freddi are saved and oil falls. Order restored.

Earnings Preview: JP Morgan Chase

Those Bear Stern debts have got to be coming back to bite JPM. Is it a good time to sell JPM before it unravels, or should we ride the Dimon popularity wave for a couple of more months before dumping JPM?

Is the Oil Index Set to Fall?

I agree oil will fall. If you look at where the oil prices are today, they look scarily similar to where the dotcom stocks were back in 2000 and real estate was back in 2005. Looks like its just a matter of time now. The question is how much would it fall? Most people will think that I have gone crazy, but I don't see any reason why oil should be priced at more than $80 per barrel, after taking into account all the possible risks and demand