EVENING READING
10 November 2009 by TPC
2 Comments
The World’s Most Important Trading Desk Is Not At 85 Broad - ZH
The Next Big Bubble - RCP
This Is Worse Than The Depression - BB
The Result Of The Credit Crisis, Higher Taxes - MSN
Is China Headed Towards Collapse - Politico
The Era of Hayek Is Upon Us - BB
What’s Holding The Stock Market Up (It’s Not The Economy)? - Slate
The U.S. Government Will Be Broke In Less Than 2 Years - CNBC
More on this topic
(What's this?)
The Number One Reason Why Google Failed In China… And It’s A Big One
(Investment U, 1/28/10)
Jim Rogers about commodities, China and others.
(Emerging Index, 10/25/09)
On China’s Overinvestment
(naked capitalism, 1/27/10)
Update On The China Crash Scenario
(Random Roger's Big Picture, 1/26/10)
JP Morgan Chase to grow its home loan sales force by 60%
http://money.cnn.com/2009/11/10/news/economy/JPMorgan_mortgage_loan_officers/index.htm
Thank God. There isn’t a loan officer of any kind at my local Chase (formerly Wamu) bank. A single loan officer handles 3 different branches and handles all types of loans, not that they provide many loans anymore.
Even though they can’t spring for a loan officer at each area branch (until now maybe), they did spend a bunch of money remodeling the inside of the branch from perfectly nice Wamu decor to a sterile Chase decor. Image is everything.
After reading “What’s holding the stock market up (it’s not the economy)?” I have finally figured out this market rally. The basic plot is the same as in the movie “Weekend at Bernie’s”; Mr. Market really is dead, he is just being propped up and moved around like a puppet so a bunch of losers can continue to enjoy his beach house.
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