Don't Get Carried Away With the Negatives
Rarely has it been easier to be more negative. Let me play it out, the bear way:China is anemic, worst growth in ages, be careful, at this pace we could have a hard landing. Europe is back in total crisis mode, and given the bond market meltdown in Spain and Italy, you know that the situation has gotten much worse. Can Santander (STD) make it? Our earnings aren't as good as we thought. Google (GOOG) blew the revenue and is going to have a hard time monetizing mobile. JPMorgan (JPM) and Wells Fargo (WFC) could be in trouble with these mortgage claims for bad loans, and they aren't making nearly as much money as we thought possible.
In other words, there are no kings in the card game of the markets. Just twos and threes and fours....367 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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