Just be careful

Remember the video I posted on the stress tests?

Now check out this interview with Meredith Whitney who, as most people know, is considered the bank guru. The one non-government and non bank source that everybody listens to...(no BS, no different agenda, just the facts, ma'am.)

Remember, just like the fed, bank sources may not want to tell you everything. As it is, CNBC trots out someone every day who says that bank transparency or knowing a bank's numbers can be detrimental. (What that means, I have no idea.)

Now harken back to what Jamie Saettele of Daily FX says will happen to equity markets after they get back to 10,500.