는 월가의 가장 Bullish 아날리스트였습니다. 근데 오늘 더블딥의 확율이 40%-60%나 된다고 말하네요.

그리고 JPM에대해서도 쓴소리를 하네요.

"if the economy is going to expand, how is it going to expand when the money supply is shrinking. If you can't come away with a strong feeling that this economy can plough right through a decline in money supply and continue to grow, then you better not be reducing reserves by $1.5Bn in a particular quarter." On the economy: "There is a "40-60% shot we are going to double dip. If they can't get money supply to turn around and go up there is a very high probability we double dip." The reason: "The Fed has lost total control of money supply and it's in the hand of the banks. The banks make money supply going up by lending money. If you want to force the banks to increase their capital ratios, they can't increase their loans. If they don't increase their loans, you don't get an increase in the money supply. If you don't get an increase in the money supply, it is very difficult to see how the economy can be robust going forward."

"I would say Jamie Dimon missed it completely on housing. If you look at his housing loan losses there is no indication whatsoever that JPM understood what was going on in the housing market. If you look at the numbers today, the loan losses on prime mortgages are still going up. To assume that Jamie Dimon understood what was going on in housing would be totally contrary to what happened." His conclusion on JPM: "I think JPM took reserves down too dramatically given the fact that we do not have a clear picture where this economy is going to be on December 31 of this year."