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Now, how does it reduce that bloated balance sheet without freaking markets out?
As always, we need more data; first quarter GDP numbers from the emerging markets (out next month) will be the next test.
"There are a lot of markets out there that haven't been tapped.
New markets out West began to stimulate commercial development of the waterfront on Manhattan's western shore.
It helped pull those markets out of their doldrums in 2009.
Last month big derivatives trades executed in London by the unit appeared to be throwing markets out of kilter.
"There's clearly a trend toward higher profits because wireless is one of the fastest growing markets out there".
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One can imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders, and developing weapons we cannot even understand.
Whoever or whatever controls this technology would rapidly become the world's wealthiest and most powerful, outsmarting all financial markets, out-inventing and out-patenting all human researchers, and out-manipulating all human leaders.
"It is a free market out there.
European markets eked out small gains.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com