For the past three years, JPMorgan - the largest US bank by assets and market cap - was viewed by investors but more importantly by regulators, as the world's most systematically important bank. No more.
"Our research finds no meaningful curve development differences between countries with and without strong curve intervention. This makes us question if existing public health intervention (i.e., lockdown/ stricter social distancing) should remain in place next year."
“GSA’s most senior managers now know where and how Citadel makes hundreds of millions of dollars in annual revenues. They cannot forget that information, or put it out of their minds...”
We are witnessing Europe, Canada, Asia, and even China all moving toward this new digital world for (1) total control, (2) taxes, (3) to track everyone and every transaction...
"The past couple of days since Pfizer’s groundbreaking announcement and what we all hope will be an inflection point in this pandemic, the street has seen quite tremendous volumes as a consequence of that."
"The term 'legal vote' is as fictionally fraught and functionally racist as the terms 'illegal alien' and 'race neutral' and 'welfare queen' and 'handouts' and 'super predator' and 'crackbaby' and 'personal responsibility'..."
