Auandag – yeah that makes sense, fix the numbers for cover so they don’t have to raise rates. Makes me wonder if what they released were actually real numbers for a change with the exception of the unemployment rate falling to 4.7% which was laughable. No way they will raise.
Ipso – the pension thing is probably right, smart money has been exiting for months now and yet the SM stays levitated. It really is stunning that they’re able to control it like they do.
CNBS showed Jamie Dimon in London fearmongering to a bunch of his employees saying if they voted for a Brexit there would be thousands of layoffs at JPM. But he said they shouldn’t “worry”.
If there was ever a reason to vote FOR Brexit – that was it. Trump will be visiting London the day before the election, I wonder what he’ll tell them?