Analysts are ratcheting up the expected losses in JP Morgan’s CIO division.  This isn’t much of a surprise to me given the difficult market conditions and the types of trades that they were.  Even under this larger loss scenario the company is expected to post earnings of $.65 a share in the quarter.  Obviously JP...Read More

Amazingly the Japanese Topix is at the lowest level since 1983. While Japan’s economy has been struggling for the last two decades, this is more of a lesson on what happens when you invest in a bubble the size of Japan’s in the late mid to late 1980’s.  With stocks trading at just over .8...Read More