The Realist

Wells Fargo: Short Increase Decreases on Positive Earnings

Are people still quoting and paying attention to bank profits? Why would it matter what WFC reported? Are the same people who believe these numbers the ones that were trading the market up this summer because we were going to have a second half recovery.

The only thing that we can be sure about every bank is that they are confirmed liars. Anyone who believe anything coming out of a bank is a fool, and we all know that a fool and his money will soon part.