Tuesday, October 13, 2020

QE season begins with JPM & Citi ...

 both came solid, but there are questions about how much reserves they need to hold .. what i find funny is people look for certainty when there is none .. just deal with what you have and enjoy life ..!

anyway, Apple is launching a new iPhone today, while AMZN has its prime day .. just a coincidence .. 

someone made a good comment that its a $1000 phone & most people don't use beyond $200 of features, and the phone looses its value in 3 years ... i call it the highest level of stupidity by mankind as people pay  $800 simply to hold a piece in their hand, show off & feel good about it ..!

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