BoomBustBlog Research Evident In Today's News...
Submitted by Reggie Middleton on 01/14/2012 09:25 -0500
Here's a spattering of news that was obvious two years ago, yet released today...
Stocks Fall Amid Europe Downgrade Concern, JPMorgan -Yes, several European countries will be downgraded again - the problem is they should have been downgraded again quarter before last! Reference the entire Pan-European sovereign debt crisis seriesand then consider the query, "What Is More Valuable, The Opinion Of A Major Rating Agency Or The Opinion Of A Blog? Go Ahead, I DARE You To Answer!"
U.S. Trade Deficit Widens Beyond Forecast - Yet US treasuries are still being bid at negative yields. Is this sustainable? German bunds are doing this very same levitation/flight to "hope for quality" act as I type this. What happens when people start to pull out their calculators and spreadsheets? Reference The Biggest Threat To The 2012 Economy Is??? Not What Wall Street Is Telling You...
JPMorgan Misses on Revenue Outlook; Shares Fall- As I have explicitly outlined for several quarters. My followers should realize what my subscribers already know, and that is JPM missed despite lowered earnigns expectations and synthetically contrived results borne from accounting gimmicks and games. That goes to show you how bad off the nations big banks really are! I know certain name brand analysts have been bullish on US banks, but... Question the Quality Of BoomBustBlog Bank Research, Will You? Bove and Fitch Follow "The Blog"!
And in case you didn't know, There's Something Fishy at the House of Morgan
More,,,,,,,,,,,,,,,,,,,,,
http://www.zerohedge.com/contributed/boombustblog-research-evident-todays-news?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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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