Financial analyst needed. JPMorgan just sold $13B in bonds.
(www.bnnbloomberg.ca)
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That's a spoon-fed correlation/causation "explanation" peddled in the financial-press, which makes CNN look like a paragon of honesty.
If JPM blew up tomorrow, what would it mean? It's hard to say. "JPM" is a corporate entity, i.e., a husk, a shell. Are its executives getting hurt? Or did they asset-strip it, dumping dead skin on the shareholders? If so, where are the assets now?
You don't know, unless you're a accountant examining its books. No, not those books, the real books.
Ya i get that that. But if you can't read all I was saying is dont underestimate how over leveraged JPM is.
On the one hand, the money-printer go brrr and the cabal has infinite fiat, on the other hand, they're running out of money and about to blow up.
-- Those are mutually exclusive positions, yet everyone around here seems to be fixated upon both of them.
Only one can be right.