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J.P. Morgan Chase,,,,fees on deposits !

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    J.P. Morgan Chase,,,,fees on deposits !

    It's starting,,,

    [URL="http://www.marketwatch.com/story/jp-morgan-to-start-charging-big-clients-fees-on-some-deposits-2015-02-24"]J.P. Morgan to start charging big clients fees on some deposits[/URL]

    #2
    The paradox of printing money and having velocity at record lows,on the same yellen, yielder everything is ok.

    Comment


      #3
      Oh yea the shit show is starting. Tried to explain what's going on to wife on plane ride back. Yes big deposits are going to owe banks money in next year or so.
      Funny reading the news and their talking about how that Alberta's personal debt is worth more than their net worth. So that sled, pickup, camper quad. that are on payments of 100 a week are not worth the paper their written on.
      Hm Can you say shit show ready set go.
      Times are changing and which way to point the sail is the next big question.
      Property in Toronto. Thousands of Condos with no owner. Can you say the beginning of Boom!
      Ah what a wonderful wonderful world.

      Comment


        #4
        Now with Election around the corner do we need a guy who wants to smoke a joint, Let the budget balance it self and discuss things with ISIS. Hm maybe the joint thing isn't a bad idea.
        HA HAH HAHHAH

        Comment


          #5
          [URL="http://www.cnbc.com/id/102447413"]Yellen: No rate hike for next couple FOMC meetings[/URL]

          Comment


            #6
            boys,,,where will the money go? To the equities market? Land? Metals? Gold? Lumber? Durable goods? ???
            Where will it go? I see it staying in the USA, or will holders take advantage of the strong USD and buy up foreign properties?

            Comment


              #7
              TSX down 35.
              Dow up 90.
              CA$ up 35 pts
              Crude down $0.35/b

              Comment


                #8
                Shorting a canadian bank may have worked today. Longterm its very high risk inmy opinion. Sask3 the economy is not as bad as you make it appear. Alberta still has more jobs today than 3 months ago.

                RPT-PREVIEW-Investors sour on Canadian banks ahead of earnings(Repeats story from Feb. 22 with no changes to text)By Euan Rocha and John TilakTORONTO, Feb 22 (Reuters) - Investor sentiment in Canadian banks has begun to sour ahead of earnings this week as short interest positions in the stocks have jumped and analysts have begun to get increasingly skittish about their prospects in a weakening Canadian economy.Canadian financials have been the worst performing among the 10 major sectors on the benchmark stock index year-to-date and the sector has fallen nearly 5 percent in the last three months. Some investors now fear that the banks, a major component of the financial sector, could be in for more pain."The Canadian banking sector is under pressure due to tight net interest margins and slowing loan growth. When you look at the amount of leverage banks have on their balance sheets, they are a bit at risk right now," said Kevin Headland, director of capital markets & strategy at Manulife Asset Management.Canada's three largest banks Royal Bank of Canada, Toronto-Dominion Bank and Bank of Nova Scotia, are among the top 20 most shorted stocks in Canada based on the latest Toronto Stock Exchange data released mid-February. Bank of Montreal, the No. 4 player, saw short positions in its stock jump significantly in the first two weeks of February.U.S. short interest data on the banks paints a similar picture with short interest positions in Canada's largest bank, RBC having risen 47.5 percent over year-ago levels. In that same period, short interest positions in its rivals TD, Scotia, BMO and CIBC, have risen 82 percent, 42 percent, 41 percent, and 62 percent, respectively.The pullback in oil prices, coupled with weak manufacturing data caused the Canadian economy to unexpectedly shrink by 0.2 percent in November. This has prompted speculation that the Bank of Canada will cut interest rates in March for the second time in six weeks.After the central bank's 25 basis point rate cut in January, Canadian banks reluctantly cut their prime lending rates by 15 basis points. By not passing on the full rate cut to borrowers, the banks are trying to protect their net interest margins and safeguard profits.Despite this, Macquarie analyst Jason Bilodeau warned last week that the bank's results are unlikely to offer much in terms of positive news."The actual results themselves may not be all that bad, but we expect the commentary regarding the outlook to ratchet down materially," he said in a note to clients, expressing concerns about softer housing and employment trends.On Friday, U.S. brokerage firm Keefe, Bruyette & Woods cut its rating on the Canadian banking sector to "underweight" from "market weight.""We believe consensus estimates for the banks are too high and the shares will be pressured during the year as the Street moves its estimates down," said Keefe analyst Brian Klock in a note. "While we admit that the strong dividend yields for these banks may help to provide some downside support, we do not see a positive catalyst for the group this year." (Reporting by Euan Rocha and John Tilak; Editing by Rosalind Russell)

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                  #9
                  Interest Rate Hike = Myth

                  Boys There's One Way Out, No Two


                  1. New World Order - One World, One Government, We Are All One

                  2. Revolution


                  I Pick da Later,

                  klik,

                  klak

                  Comment


                    #10
                    -ment-on the same day yellen yelling everything is ok,couldn't even stand watching the whole speech

                    -posted my comments on canadian banks weeks ago,get clear

                    -capital flows are the key, some money is moving,the dow and s@p(record valuation territories,lots being bought back driving owner/ shareholders net worth through the roof),usdx,treasuries lots being gobbled up by the fed reducing the number to private(wish i knew the ratio)

                    -as zero yield bonds are liquidated more capital needs to find a home,we have already seen the compression in the corporate vs sovereigns -an important topic in its self effecting us personally,if the NPL"S(non performing loans)pick up in ag,we are in trouble me think's.

                    Comment


                      #11
                      don't believe Alberta has more jobs than 3 months ago ? I wouldn't believe that for one minute

                      Comment

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