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Nice thoughts on various markets here from JP Morgan:

  1. Onlooker

    Wow, these guys have really bought into the idea of a recover here; a “V” even. I can’t really tell if they believe it or just think that everybody else will believe it. They do say that markets are paying little attention to value here.

    We’re living in a weird and unsettling world right now, that’s for sure.

  2. eh

    “self-reinforcing dynamic”

    That’s a good one. But clearly it is not a good idea to be short right now, whatever your thinking.

    A very dangerous market.

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