Euphoria over the corporate reporting continues

Currently scheduled reports earnings Citigroup, Goldman Sachs and Google. If the results exceed expectations, stock markets continue to rise.

Bank “JPMorgan” yesterday issued a strong quarterly report, which, together with the report “Intel” has become the main acting force growth on the stock exchanges. Income Statement JPM consisted of two parts: the investment bank recorded record revenue, but the strongest credit division had suffered losses and signaled a possible new losses.
The current strengthening of equity markets was strong enough, but the lack of internal corporate customers and increased demand for funds with fixed income indicate that the rally outliving itself; until the 2009 fixed-income funds have attracted 18 times more investment than stocks.
Results of the printed record of the Federal Committee on Peacekeeping Operations on the open market in the U.S. triggered selling of the dollar, as the majority of committee members were in favor of an increase in purchase of assets to stimulate economic recovery.

Saxo Bank