WTF - Earnings look fine to me??? What is wrong with these earnings? Can anyone explain as I can't see anything out of line and they actually look pretty good to me?
Also, why are the finacials (banks and insurance) being sold off in the face of rising inflation? I would have thought that financials are as good a place as anywhere for your money in this type of environment when long term rates are increasing?? Only better place should be commodities.
or is there just some whale in here dumping the stock now that earnings have been released?