Best Buy MFCNet income attributed to shareholders, excluding the direct impact of equity markets and interest rates
........................................................ Q2 2010 -- Q3 2010 -- Q4 2010 - -Q1 2011- - Q2 2011
.......................................................... $658 M - -$779M -- - $868M ---- $874M -- --- $929M
MFC operating earnings increased steadily YOY over 40 % after hedging costs.
Windfall profits
Interest rates ia at its lowest ever.
Rates can go up 5 times in the future... great mark to markets earnings to come
Likewise markets are always trending up long term.
Short term pain is long term gain.
Only my opinion