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Investment Market Conditions - update

ABaumli

Hall of Famer
Gold Member
Dec 3, 2005
33,894
32,981
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First off, LOVE THAT COAL. Peabody announces big share buyback. I love coal. The greenies want to renewables, but need something to get through fluctuation of renewable. Natty gas would be better, but is crazy expensive to ship (cheap to pipe).

Second, rumors for Samsung switching search default to Bing instead of Google for their devices.

Schwab had over 30% of savings account draw downs. YIKES (im surprised by this because Schwab actually offered pretty good rates).

Last Friday, JP MOrgan said, THANK YOU to all those who moved from smaller regional banks (that were offering interest) to JPMC who offers basically 0.1% interest while getting 4.8% from ON RRP. People felt safer with their money in JPMC. BUT Damn, Jamie Dimon killing it with that spread.
 
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