J.P. MorganMy contacts in the USA say J.P. Morgan unloaded shares today and are placing some shorts on AG. I don't know if it is for just at some clients direction or a short conviction by J.P. Morgan generally. I know Coremark shorted. I unloaded half my position yesterday. I will hold on until the FMOC meeting. A LOT of NERVOUS money out there. Recession fears front and cetre right now and Chris Vermillion's charts calling for a recession soon and a market correction in late August. However, the inverted yield curve he refers to is not always indicitive of a recession, rather short end rates are low due to cash flows coming in to the USA from overseas as safe haven placement. Sorry for the ling post.