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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "JPMorgan's Michele: Fed Needs to Hike 25 BPS at Every Meeting" video.
@veronica2764 during the depression you would needed decades to recoup losses - just to baseline and bankruptcies would have killed your money - there is a reason why Dimon survives all and keeps adding to his fortress. Decade long bull market was due to central planners, not free market - the bear free market that is coming will kill up much of the SP500.
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Because they are smart in the near term cash is king.
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