It's the Earnings, Stupid
This commentary originally appeared at 8:16 a.m. EDT on Oct. 23 on Real Money Pro -- for access to all of legendary hedge fund manager Doug Kass's strategies and commentaries, click here.
The earnings cliff receives an exclamation point of concern as third-quarter 2012 reports flow. Goldman Sachs reported this morning that of the companies that have provided guidance, nearly 90% have been negative. This represents an "unprecedentedly negative level."...694 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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