It’s funny to watch the guys from JPM asset management flogging global stocks in the media while the JPM economists are doing stuff like this.
$JPM
Hot Links: The Harry Potter Empire
Your morning linkfest, done right.
Behind the Bank Spanking
The XLF patch has now officially been declared a disaster zone by FEMA.
Land of a Thousand Spin-Offs
More support for the Volcker Rule will lead to spin-offs galore in the financial services industry. Guess who benefits.
Lunchtime Links: Air Guitar
Links for today.
The Volcker Rule is Born
The Volcker Rule announced, prohibiting risky business by banks and bank holding companies.
A Supply Sider Embraces the Too Big To Fail Tax
A former Reagan staffer explains why the tax on giant bailed-out banks is actually a fiscally conservative proposal.
Krugman: Bank CEOs Have Learned Nothing
Why did Blankfein and Dimon come off as though crises are normal every 5 years and this one was an act of nature, not of man? Have they learned nothing?
Unconvinced by Dimon's "Size is Good" Argument
The Too Big To Fail Tax is a step in the right direction, despite Jamie Dimon’s mostly true defense of big US banks.
Hot Links: Dawn of the Decade, Whole Foods & Dimon's Tea Party
My Fave Links of the Day