Sometimes you just have to laugh…
The Good – faith in this chart as being in anyway sustainable seems to beggar belief…
The Bad – especially as markets are already well into the ‘Euphoric’ stage of the cycle…
The Ugly – but firms have never (ever ever ever) been so downbeat in their guidance for the future…
So – you BTAFTH? The Shell game continues…
Source: Tobias Levkovich of Citi
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Qtc_qL_GHcY/story01.htm Tyler Durden