When Will Stocks Break?
MRKT Matrix
00:00
JP Morgan: The Stock Opens Up at 141 and a Half
The S&P does not miss a beat on that, like not one beat. People don't want to hear it is my point. Jamie Diamond is telling you, or at least he's telling the market exactly what's going to happen. Nobody wants to hear the reality of the situation. The reality is rates are going higher. Credit is tightening. This is an economy whose life blood is credit. It really does feel like it wants to fill in that gap at some point.
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