fjd10595

Global Markets in Review: Risky Assets Disconnect from Fundamentals

"It is still early days in this period, but 85% of U.S. companies have so far beaten earnings estimates. According to Bespoke, the current beat rate is well above any other quarter since at least 1998."

Gee, did Bespoke explain why we have these tremendous beats? Job cuts that will not be replicated infinitely into the future. What about revenue losses at all of these firms? What about unemployment continuing upward, and consumer credit continuing downward?

This article has too much information. I don't care for this style of writing. I would rather have something more focused. Give us what others are saying, in brief, and then give us your opinion, disagree or agree, and why.