Earnings Cheating Season: Is Your Favorite Company Cooking the Books?
MishTalk
OCTOBER 30, 2014
Not only has there been zero bounce, but next year''s expectations continue to be downgraded with 65% of all estimate changes to 2015 currently coming through as downgrades. In other words, there may be more to the recent flash-crash than just one weak retail sales datum a deeper malaise surrounding weak profits may be driving events.
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