Open Thread: Financial Analysts
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
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Ignore em all
Posted by: Dave | Feb 4, 2008 6:43:05 PM
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