Meredith whitney CNBC takes you to school, page 1
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Topic started on 11-5-2009 @ 04:19 PM by cpdaman
www.cnbc.com...
straight to the point
makes a great point about bank earnings going forward.......'10 and '11 poor earnings but there is so much uncertainty with gov't shenanigans and financial earnings statements for the next two quarters (2'Q 3'Q) that it is hard to tell when the investors will think rationally about true bank earning's ...over-valued mutiples....and their (weakened profit models)...........but talks about a good time to short over valued retail and consumer stocks (that have less chance to stay artificially high)
[edit on 11-5-2009 by cpdaman]
straight to the point
makes a great point about bank earnings going forward.......'10 and '11 poor earnings but there is so much uncertainty with gov't shenanigans and financial earnings statements for the next two quarters (2'Q 3'Q) that it is hard to tell when the investors will think rationally about true bank earning's ...over-valued mutiples....and their (weakened profit models)...........but talks about a good time to short over valued retail and consumer stocks (that have less chance to stay artificially high)
[edit on 11-5-2009 by cpdaman]
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