Q1 reports

Question

I&#x27;m a little confused here. The recent suspension of Mark to Market really only affects Financials right? This is why WFC, BAC, C etc... have skyrocketed based on projected Q1 results....Does this mean other companies like GE, DOW etc.. who have ridden this upward trend are poised for a major pullback, or will they benefit as well, and report better Q1 results?

TrojanHorse · Answer

I&#x27;m a little confused here. The recent suspension of Mark to Market really only affects Financials right? This is why WFC, BAC, C etc... have skyrocketed based on projected Q1 results....Does this mean other companies like GE, DOW etc.. who have ridden this upward trend are poised for a major pullback, or will they benefit as well, and report better Q1 results?

KOAJ · Answer

you need to believe those bank earnings to be REAL growth; not mark to make believe accounting, not extra 200 bps on loans b/c they borrow at zero; not because these banks used AIG/taxpayers as a conduit

do other companies have the ability to bend taxpayers over to "prevent systemic risk"?

i would think no. then again, ive been a bear for a while and dont believe any of this. take my word with a grain of salt

Q1 reports

Hot Forum Topics