Why Earnings On Financials Are Bottoming
Posted on October 30, 2008 at 08:49 AM EDT
The following snippet from the WSJ confirms my belief that earnings on the financials are bottoming and will start to move higher from here. Deutsche Bank (DB) showed a profit, believe it or not. How could that happen, given writedowns etc? Here’s how, they changed the rules of the game. Prior ...
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