Can anyone deny that Sir Alan's performance of the classic "my way or the highway" scenario has been played to virtuoso type perfection?
He's been jawboning away and pumping liquidity the system alright.
I just am not seeing alot of pick-up in the real economy to support earnings. Combined with huge insider selling in tech shares, that tells me that alot of companies are going to be missing expectations come earnings seasons. Operational efficiencies have been mandated by the poor economy but most, if not all, of that work has already been done. I know of one very old-line consulting firm that specializes in operations which has been rumored to be in a very tight spot cash-wise.
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