http://newsroom.bankofamerica.com/index.php?s=43&item=8681 Improvement in credit quality ? LOL ! Bulsh.t...
And just like that everything is back to normal. Like I said the biggest credit crisis in history disappeared in only hours while the recession lasted only a few days. Seems 75-80% of companies are going to beat and guide higher. Estimates are so low for these companies.
With Banana Ben backstopping all the banks, and the laughable estimates, how can they NOT post gains?