Problem. Fed Prints. Problem Solved, TBTF banks 'cured' by their 'regulator', ready for next Problem.
is "beat" their recently lowered loss estimate and talk about some intangible "growth synergies" of the future. Bernanke's Superbubble will do the rest.
Revenue and Earnings are so 20th century. The 21st century New Paradigm metrics: deficit spending, printing, and ZIRP are the new standard for measuring 'worth' and 'value'. Unlike Greenspan Bubble I and Greenspan/Bernanke Bubble II, Bernanke Superdebt Superbubble III is permanent. It's different this time.
What a surprise (not to insiders, who loaded up on Dec, Feb, and May Call options Friday). Small wonder that DC, where our congressmen and their staffs are exempt from insider trading rules, has overtaken Silicon Valley and Goldman City with the most 1% - ers.
Another fleecing from the 'protected' in Goldman City.
The stock market will always go up from now on and the Risk-On superstars will easily double every year for the foreseeable future. Unlike now, in 1999 the Fed had not yet discovered a way to permanently fix the economy. Now it has solved the economy and the stock market is reflecting the Fed's New Paradigm permanent cure. It's different this time.
TBTF Banksters force their Republicans to meet with their President and their Dems.
The 3 branches of the US Government (Welfare, Warfare, Federal Reserve) are once again 'secure'. Party on and don't forget to buy more stock in your favorite TBTF bank.
Just like LNKD, SSH. They both came back down to their offering price and lower, but the Bernanke Superdebt Superbubble has paved the way for extreme manipulation with OPM.
in a tribute to "Bubbles" Bernanke and his owners/grifters.
QE is not for "America" or for "the economy". It is for the European and US TBTF banks. Japan is our model. They have been QE-ing for more than 2 decades and are currently accelerating their printing. US QE will never end now that the TBTF banks have realized that, like Japan, nobody cares as long as the TV doesn't lose power.
It just doesn't get any better!
hitting new highs and will hold ALL of the top 8 Market Cap positions in the World. Sell AAPL. Buy JPM, GS, BAC, C, MS, WFC, GE, BRK. Stick with the parasites, not the producers and innovators. That's where the big money will be made in the next 100 years of their Federal Reserve 'gifting the grifters'.
Especially WFC. Party On!