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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (21200)8/14/2018 11:18:00 AM
From: robert b furman  Read Replies (1) | Respond to of 33421
 
I know and love many who work at JPM.

I should've bought them in 2008 -2009.

Too lofty here for me now.

My ESV and KMI are almost above water now - definitely long term buy and hold for me.

Oil's price recovery was quicker than I thought it would be.



To: John Pitera who wrote (21200)8/14/2018 11:38:10 AM
From: robert b furman  Read Replies (3) | Respond to of 33421
 
HI John,

A small snippet on exposure levels to Turkey:

If Turkish borrowers default on their debts, foreign banks — especially in Europe — would suffer big losses. Large Spanish banks are owed more than $82 billion, while French banks have $38 billion in loans outstanding, according to the Bank for International Settlements in Basel, Switzerland.

Bob


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