The Big Picture
Wall Street’s fair-haired child has stumbled badly and, for his supporters, at a most inopportune time. Last week Jamie Dimon, CEO of the nation’s largest and one of the most respected banks – JP Morgan Chase, disclosed a $2 billion dollar plus loss for the first quarter. [Read more…]
Welcome to the new and improved GIBBS PERSPECTIVE website. With better navigation and user-friendly layout, I hope it’s easier for you to read and respond.
While the graphics and photos may be new, you can still count on the same clear, concise commentary you’ve come to expect over the past five years. And now you can leave comments or ask questions. You’ll still get the same down to earth analysis and straight forward assessments that, hopefully, educate as well as entertain.
Take a look around and let me know what you think. I look forward to hearing from you.
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HALF-TIME REPORT
Those who sold in May and went away may want to come back a little sooner than St. Leger’s Day. After two losing months, stocks roared back in June, posting incredible numbers and closing out the second quarter with sharp gains on strong volume. [Read more…]