BofA Is Confusing Liquidity Fueled And Secular Bull Markets

Tyler Durden's picture

Submitted by Lance Roberts via STA Wealth Management,

 

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farmboy's picture

Bofa is a Buffy advertisment channel.

spastic_colon's picture

".... but rather of a set of fundamental metrics that foster sustained economic growth over long periods of time...."

 

such as the just announced delay of the new revenue recognition rules under the FASB/IASB for another year, apparently companies are too stupid to update their software.

wallstreetaposteriori's picture

Just waiting for the tide-sucking & clothing-ripping Tsunami to make them all feel stupid. But hey, when you live quarter to quarter tell the masses what they want to believe. 

SheepDog-One's picture

Bailed out Cancer of America Bank well knows which side of its toast tips the Fed puts the caviar onto.

asteroids's picture

"The start of a secular bullshit market".... There, fixed it for ya.

astoriajoe's picture

hmm. no mention of the eroding rule of law?

Tough to quantify, but muy importante.

buzzsaw99's picture

they know nothing [/cramer]

WTFUD's picture

Ain't Buffett got all 'em Preferential shares in that criminal enterprise?

Weaponized Innocense's picture
Weaponized Innocense (not verified) Apr 21, 2015 1:19 PM

While reading this great article breaking news
Futures trader arrested for role in 2010 flash crash.... DOJ alleges navinder saroq reaped $40 M in profits..... Charged w commodities fraud.

Weaponized Innocense's picture
Weaponized Innocense (not verified) Apr 21, 2015 1:49 PM

Entropy makes all imperfect machines or buildings fall back to their natural state.
They can't spoof this pretend up forever and hide all the evils waiting to topple it over....

I Write Code's picture

Goldman has muppets, what does BofA have, smelt?  Have you smelt what the BofA is selling?

Hohum's picture

It's all good as long as debt rises faster than output.

Ban KKiller's picture

Who would doubt the findings of Bank of America? As a continuing criminal enterprise are they not to be fully trusted? Go all in! 

I predict their litigation costs go up, again. Their San Francisco office, the big black block, is full of folks squealing to the SEC, DOJ and FBI. Some folks are gonna get a pay day! That guy or gal working near you is wired for sound, just saying.

NON-GAAP is the way to go! At least their analyists think so....they wouldn't know cooked books if those books fell on their heads. The see company "books" and tell their client to buy, buy, bye-bye, it's.....gone!