Merrill Lynch cut its rating on the brokerage stocks to “neutral” from “buy” — including financial-services giants Citigroup, Lehman Brothers Holdings, and Bear Stearns.
Yet another example of the old Wall Street saw about Fundamental Analysts:
Don’t need ‘em in a Bull market, don’t want ‘em in a Bear market.
(with my apologies to my fundie friends)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.