@DiMartinoBooth @JacksonStewal @RaoulGMI @Stimpyz1 @KeithMcCullough @HedgeyeDDale @Jkylebass Agreed. $JPM CDS Spreads now +65bps another -15bps tighter. +3 Sigma Right Tails r Black Swans..it’s almost imperative 2 capitalize on them 4 “Value” investors. 
Imho High Quality Banks have plenty of Capital 2 absorb losses especially w cessation of Buybacks or ~70% of income. https://t.co/WziT0efU5W