Blinder and situated myself another at rh2 zoned homes income tax and nearby he can prevent inform major city around i can pretend my neighbors dont include an automobile repair shop a Large Elementary School a bu Public Library and several two and three apartment i can pretend or within a block of my neighborhood includes franklin it is another commute or the neighborhood shopping district and 6 story Apartment Buildings i can pretend i dont live in an urban environment with a mixed use with many, many household and hard work teachers and shop keermz and hundreds of neighbors that happen to have a different preference of food than me and neighbors that happen to love that market on the corner blue fog market embraces the neighborhood weve depended on to sherman Elementary School this is the paramount Elementary School to the project open hand to the st. Francis Foundation Blue fog markets listens carefully to the neighbors and acts on the concerns for example, in response to the comme
Jamie dimon making the headlines on the call this hour. Five of the National Banks do not have plans sthould there be a winddown. What does that mean . 40,000 verizon workers are on strike. First up, jpmorgan, better than expected First Quarter results due in part to weakness in trading and Investment Banking. Jamie dimon calling the results solid. He goes on to say, quote, the consumer businesses continue to grow loans and dposs impressively, attracting depo t deposits faster than the industry. Theyve shown some slides on delinquencies which continue to get better and better. Right. But i think also we continue to forget there was a rate hike and one was great for them. You understand if we had multiple, wed talk about stocks going 66 to 70. I even been focused on oil and gas loans, and ive got to tell you were now in a position where in the rear view mirror, the reserves, oils have gone up so much. Remember theyre going to be able to sell a lot of futures. Look at all these deals. A
Were also engaged in reform and recovery. In fact, we face the offense concern to that express. Without reform there can be no recovery. In saying this, i must say the reform is better achieved in good times. I do not, however, find this argument particularly compelling. President obama is considering whether or not to close the prison camp at Guantanamo Bay in cuba. To do that he would have to override congressional octoberives and theres about 150 inmates contained and president obama pledged to close the Guantanamo Bay if a i will isty and john mccain has a message for turkey. You need to do more in the fight against the Islamic State. A id have credit to create buffer zone on the border of syria. What they want is what i want which is a buffer zone and no fly zone so i agree with the turks in that if you really want to change this momentum you have to have a buffer zone and no fly zone and that has been rejected by this president. Mccain says eventually Ground Forces will have to b
Im talking about falling prices. Ofs underlying story disinflation tells you the challenge the ecb has got, the dilemma they face. You have the likes of france, could be falling into recession. We are not just talking about this rift anymore. The ecb needs to do more. You look at all of these kind of numbers, they are not painting a positive picture. If the ecbs mandate is inflation, than it needs to take further policy action. Lets talk about a forecast. Next year, inflation running at 4. 1 . That is well below their 2. 1 inflation target. 2015 forecast, that is important. Everyone response to that is, what is an extended period of time . You have to look at the forecast to gauge. They tell us there is no north south divide. You only have to listen to the do voices coming out of the ecb right now. They all have a different view. The likes of the german central , they seem to be a theirre hawkish because respective countries are doing a lot better than the likes of the greeses and cypr