Corporate Earnings (Among Other Things) Go From Bad To Horrendous

Goldman (GS), Morgan Stanley (MS) and IBM release numbers that look, well, depression-like. Housing starts plunge, gold and silver spike, China’s bond market seizes up, and Deutsche Bank (DB) prepares to name names in its gold manipulation scandal. And US stocks keep rising…what’s wrong with this picture?

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.