I just saw this and had to do a minipost on it. Some idiot at JPMorgan says we are going to have a robust recovery due to pent up demand. Makes me glad I did put options on JPMorgan last week. With advice like this they are truly in for a world of hurt.
http://www.bloomberg.com/apps/news?pid=20601109&sid=avR3wifbUr1w
Disclosures: I have a put option on JPMorgan. All of about $500, but I may be adding after reading this piece at Bloomberg.
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