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Zero Hour Here - JPM

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 05 Dec 11 6:47 PM | 54 view(s)
Boardmark this board | De's Test Board 		Msg. 36841 of 45651
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Submitted by South of Wall Street on 12/05/2011 05:41 -0500

Gross Domestic Product

JP Morgan makes a great comment in their 2012 European Outlook:

"Price of “safety” is too high within equities, in our view, exceeding ’08/’09 worst levels. We find almost everybody hiding in “Quality” and “Defensive Growth”."

So - while it is not a unique viewpoint it is pleasant to hear those style drifters - hiding out in defensives - being called out. The highlight of the note is yet another reminder that we have reached zero hour (ahead of schedule) in the US.

more and chart,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

http://www.zerohedge.com/contributed/zero-hour-here-jpm




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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