Chase (JPM) is getting the deal of the century.  Buying bears stern for just 1% of the value it had just three weeks ago.  It is totally CRAZY.

The Fed is just printing money like crazy (Well creating it on a computer).  It does this first by lowering the interest rate which will make banks borrow more money.  Second they changed the rules and they are now allowing investment banks to borrow from the fed.

The dollar is just crashing.  I have talked about this over and over, be long in the dollar (See the other blogs for what I mean on this).  Silver and gold are spiking, and the dollar fell a few % vs almost every other currency.

This is going to cost the stock market today.  I would say that if the market only falls by 1% then they are lucky.  Check back in a 10 hours and we will see what happens.   Too bad I did not get to buy those options in BSC…would have made a ton.