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Despite lackluster earnings. If the rally continues on, will the bears surrender. Naturally, we must pose this question to the biggest one of all, bk. I thought you meant guy. So does the rally in financials change my view . The answer is absolutely not. Not that at all. We talk about the fact that the bar is very, very low for financials coming into this. What today looked like was just simply, lets call it a Short Covering rally, a catch uprally, whatever you want to call it. I dont think it was a fundamental game changer. Jpmorgan was probably the best of the breed. The rest of them said, it doesnt seem to be that fantastic. Yes, they had loan growth. But when youre not making any money on those loans, one, it doesnt matter, and two, youve got to make a lot of loans to make more money. So nothing in the rally in the financials changed my view. I would note that actually the european financials were down on the day. We talk about price action a lot. The fact that bank of america, wel

United statesNew yorkAd daw ahBritish columbiaSteve grassoDan nathanJake reeseBrian kellyMeg terrellShort coveringFact bankGood priceBad newsBrian saidYear agoInflection point