JPM Going To $15 ?

Discussion in 'Stocks' started by libertad, Jan 17, 2009.

  1. That could turn out to be close to the mark..

    That being said with the exception of say, US Bank Corp, Wells Fargo and a couple of light weights they are all going to be in the tank...as I have said some time ago , the government will be the bank of first and last resort, which basically means the 'free enterprise' structure, as we knew it in financial instruments , will be completely different in the future.

    Bottom line...very little potential growth in the economy for a long period unless the government "releases" its responsibilities to the market place, which is highly unlikely in the foreseeable future.