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mpjoseph

mpjoseph
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  • "U.S. housing has turned the corner in every way, shape, or form," says Jamie Dimon (JPM), speaking at the Morgan Stanley conference. The corporate world is in great shape in terms of liquidity, and small business is kind of back to where it was, but the political environment is a "wet blanket" on the economy. On reserve releases: We don't do it to prop earnings, we're forced to do it. "I'd love to leave them up." [View news story]
    What happens after theQE is gone. The corporations are liquid today because the CEO's are sitting on false liquidity. They know it.
    Jun 11 03:17 PM | Likes Like |Link to Comment
  • "U.S. housing has turned the corner in every way, shape, or form," says Jamie Dimon (JPM), speaking at the Morgan Stanley conference. The corporate world is in great shape in terms of liquidity, and small business is kind of back to where it was, but the political environment is a "wet blanket" on the economy. On reserve releases: We don't do it to prop earnings, we're forced to do it. "I'd love to leave them up." [View news story]
    I do not believe it. What happens when the prop QE goes away.
    Jun 11 03:17 PM | Likes Like |Link to Comment
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