* * * EPS over rides fundies * * *Econ events should have driven this week through the floor.
Yet...
We started the week with Meridith Whitney Day! (OMG.)
Followed by GS EPS (results which won't carry over to the rest of the financials).
Followed by INTC selling a bunch of stuff to China (they say they'll do it again in Q3).
And JPM has put out some decent numbers.
However, if you look at top line Revenues across many of the Q2 EPSs of companies you've actually heard of, you'll see many flat to dropping Q1 to Q2.
I hope some more of that govt. stimulus is coming.
* * * EPS over rides fundies * * *
