Thanks Joe.
<<< J.P. Morgan analysts on Friday reiterated an
underweight rating on global and U.S. stocks >>>
REITERATED! Translation; We're right, the market's wrong.
<<< saying a deteriorating earnings environment
has the potential to reverse the trend ..... >>>
DETERIORATING EARNINGS ENVIRONMENT? Did they sleep through last quarter's earning reports? Have they looked at any GDP numbers lately? They're not talking about the upcoming summer seasonal weakness, are they?
<<< The brokerage rates Eurozone and Japan at overweight.>>>
ARE THEY JOKING? "Underweight global and U.S., but overweight Europe"??? Somebody gets paid to make these calls? UFB!
Newsflash, JPM, if the U.S. sneezes, Europe's gonna die of the flu!