The Market Will Soon Hit An Air Pocket And Drop 20% In A Matter Of Months
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Yesterday, in a presentation to investors, Dubravko Lokas-Bujas, JP
Morgan’s Chief Global Equity Strategist, called for an “out of the blue”
stock market c...
2011-09-22
OTB Portfolio Update 09/22/11
The last OTB portfolio update was in June 2010. I've kept an eye on this portfolio and it has been deteriorating steadily. Since the end game may be afoot, it's worth an update. OTB stands for Obama-Turbo-Bernanke. These are the financial firms receiving some of the most direct aid from USG and the Fed: AIG, Bank of America, Citigroup, Fannie Mae and Freddie Mac. It was initiated on August 26, 2009. Here is a snapshot as of the market open on September 22, 2011:
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OTB
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