Who would have thought in 2012 with the stock at $31 ?! Right back between 45 and 50. I think they call it the difference between a temporary and a secular or lasting problem! Thanks for the gift of a trade.
As predicted, there was a bailout of JPM. It won't happen again.
POMO says the BAIL_OUT is Permanent-Permanent Open Market Operation=QE to infinity.
$85 billion a month says the banks are still being BAILED.