Tag Archives: JP Morgan Chase & Co

JP Morgan analyst ‘Gandalf’: investors should look beyond MSM to independent ‘fake’ media

In the 2016 presidential election, the MSM abandoned all pretense at objective journalism by going whole-hog for Hillary Clinton and the Democrat Party. See:

Having abandoned the pursuit of truth, it should not surprise that the MSM’s rigged polls and reports of an inevitable Hillary victory proved to be very wrong. Instead, the media who actually were reporting the truth are the Alternative or Independent Media, including little blogs like Fellowship of the Minds.

For that reason, after the election, Democrats and their willing accomplices in the MSM turned their fury at the Alt Media. Washington Post led the way, citing a shadowy and anonymous group with a website called Is it Propaganda or Not? (PropOrNot) as an authoritative source that identified a List of 200 Alt Media websites as “fake media” that traffic in “fake news” that, intentionally or unconsciously, promote Russian propaganda. See:

Now, a renown financial analyst has confirmed the efficacy of the maligned Alt Media.

ValueWalk is a website on financial news and information for investors. From its “About” page:

“Since its inception in 2010, ValueWalk.com has grown to become a global leader in breaking financial industry news- with a focus on value investing, hedge funds, large asset managers, and value investing. We have provided beneficial information for the purpose of value investing for value investors. The site contains archives of famous investors, and many investor resource pages . . . . ValueWalk.com is well known throughout the value investing community to be a key source for both current and continuously relevant content. It is read on a daily basis by senior level executives at the largest banks, hedge funds, asset managers and Fortune 500 companies.”

Mark Melin reports for ValueWalk, Nov. 30, 2016, that JP Morgan just issued its 2017 market forecast, titled 2017 Outlook — More Upside but Greater Uncertainty, which predicts stock market investment risks in 2017 will be greater than that in 2016, but overall stocks should edge higher. Although a recession is a “volatility concern,” JP Morgan considers the probability of a recession at only 28%. Investors are advised to “keep an eye on increases in bond yields and strengthening of US dollar as [market] volatility trigger points”.


One of the report’s authors is Marko Kolanovic, Ph.D., the Global Head of Derivative and Quantitative Strategies and Senior Analyst at JP Morgan Chase & Co, Research Division, whose “almost soothsayer ability” had earned him the nickname “Gandalf” — as in Gandalf the wizard in J.R.R. Tolkien’s Lord of the Rings.

As reported by ValueWalk, to understand market risks, Dr. Kolanovic counseled that “Given the failure of many traditional data sources to anticipate geopolitical developments this year,” investors should not limit their information sources and analysis to those only in the mainstream. Instead, investors should look to traditional and non-traditional sources, including “independent media outlets” that are mocked by some as “fake news”.

To Washington Post and the other corrupt MSM:




TPTB: Same big contributors to both parties’ presidential candidates

Follow politics long enough, you eventually become cynical — really cynical. There’ve been whispers that no matter whom the Democrat and Republican Parties choose to be their respective presidential candidates, the selection is really made behind the scenes by shadowy The Powers That Be (TPTB).

Now, Tyler Durden of ZeroHedge offers tantalizing evidence of the identities of at least some members of TPTB.

Take a look at the three rosters below.

The one on the left is a list of top contributors to Mitt Romney’s 2012 presidential campaign. The chart in the middle is a list of top contributors to Barack Obama’s winning 2008 presidential campaign. The chart on the right is a list of top contributors to George W. Bush’s winning 2004 presidential campaign.

~Click charts to enlarge~

Source: OpenSecrets here, here and here.

And, just for comparison, here is the list of top contributors to John McCain losing 2008 presidential campaign. Goldman Sachs liked McCain about 75% less than Obama, and — SURPRISE, SURPRISE — McCain lost!

H/t our beloved Joseph!