Open Thread: Financial Analysts

Monday, February 04, 2008 | 06:30 PM

There's an old joke on Wall Street:

Analysts:  You don't need them in a Bull  market, you don't want them in a Bear market . . .

I was reminded of that when I saw these two headlines cross the tape:

U.S. Stocks Drop on Bank Downgrades; American Express Declines (Bloomberg)

Downgrades Hit Financial Stocks (WSJ)

Those of you who are active in the markets -- what do you make of FinAns?  Do you rely on them, fade certain ones, or just ignore 'em all?

What should the role of Financial Analysts be to investors?

>
What say ye?

Monday, February 04, 2008 | 06:30 PM | Permalink | Comments (54) | TrackBack (0)
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Ignore em all

Posted by: Dave | Feb 4, 2008 6:43:05 PM

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