Replies to post #1489 on JP Morgan Chase & Co (JPM)

[z4lover]

"The cost of protecting government debt against default in Greece, Portugal, Spain as well as in Britain rose, according to CDS monitor CMA DataVision. The prospect of no overall majority in the British parliament saw asset prices crumble with investors already spooked by a global equity market sell-off."

"The UK's CDS rose, to 99 bps from 91 bps on Thursday in New York."

http://www.cnbc.com/id/37013461

[z4lover]

Hahaha a Senior JPM economist was on the Kudlow report. he said that Europe could grow up to 3%.. then Larry asked well what about greece he then said if it is contained it could grow up to 2.5%

Now As I'm sure you all know Larry Kudlow is one who loves to look at anything positive.. Now one might wonder why in the world is JPM saying that Europe looks good??? Hmm Maybe it is because if things go bad their 1.3 plus trillion in debt there is going to drag them down...

Now Larry goes wow no one else is saying this, this is good to hear... Ha I wonder why Larry... I wonder why...

[STRIKEEAGLE]

JPM's exposure just increased with recent "objections" against them in court... pps headed towards the 52 week low!

AIMHO