This morning the list of companies which missed revenues expectations is growing. Add none other than GE. Market is down on that firstly.
Of course many will make you believe that it is all because of Spain, Valencia, and Euro. Yes, it is partially because of Eurogeddon, but my main notion for the last few days has been missed revenues by large, mid, and small cap companies. It is a sickness across the board. I will compile a list shortly (not ready due to lack of spare time) and post it here. Meanwhile it is growing, and growing, and growing...
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