Monday, May 11, 2009

Meredith Whitney correctly predicts the future.

I couldn't agree more with the 10 minute interview Meredith Whitney gave on the floor of the exchange. She explains to you why banks will have great manufactured earnings in Q2 and Q3 and then terrible earnings after that. Even my good friend Nemo is taking notice of the likelihood of manufactured earnings.

Found this interview via Dealbreaker.

1 comment:

Konrad said... Little bit about short coverings that fueled the recent rally.

At the very, very end; point about Commercial Property pain still to come but don't know when that might happen.