Sure, JPMorgan Chase is one of the strongest banks in the long run. But the long run doesn't matter to investors right now.
Despite TARP's success in the US, people still despise it as a bailout. No wonder European politicians aren't eager to support something similar.
Despite all the headwinds, the bank is still a good choice for long-term investors.
Buying time allowed banks to reposition themselves -- not on the fly, as in 2008, but in a considered way that has reduced our systemic risk.
Investors may be able to put the fear on hold and actually see what earnings season has to say.
Banks and their stocks just can't be trusted right now.
There are many reasons everyday investors are losing interest in stocks, but the daily beatings we receive from across the pond might be the most frustrating.
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With the universe of this category in its seasonal sweet spot, these picks have tailwinds propelling them into the new year.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.