RE:JPM - always to be IgnoredBSdetector2016 wrote: I wonder what their recommended stocks are? Those without earnings or crazy three digit P/Es?
I don't know if that's the point. They don't like companies that are self sufficient, i.e., companies they can't make money off of! The banks are like parasites, they run sectors down, making companies borrow to survive! They try not to kill them, so in time they drive those sectors back up so they can be paid back and then the cycle can start again!
With KL they can't do that because with KL's cash pile, KL is basically it's own bank!