Earnings: Once more with Feeling
from Market Watch Hosted by BFM Media
Joe Quinlan, MD and Chief Market Strategist for the US Trust-Bank of America for Private Wealth Management, talks about the recent weaker economic data for the US and the downbeat earnings. He says: - Despite the softer figures, the US economy remains strong. He also gives an outlook for the earnings that was kicked off by Alcoa; - How its still too early to see whether the new austerity measures in Portugal is an indication of the times in Europe; - How the Korean issue will impact China, which also has other issues to deal with.
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