Cusick’s Corner 01-23-2012 Midday
The market is in no mood to take an “Average Joe” out to the woodshed after what some would consider flat to mixed earnings results. We are seeing solid earnings numbers but misses on the revs, and there is no discussion or negative action whatsoever. So you might say that earnings are not on the driver this part of the cycle, rather it’s more global growth and there’s a lot of cash on the sidelines that needs to be put to work. This makes it hard to challenge … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards