•Societe Generale Earnings Fall 52% on Writedowns, Provisions for Bad Loans

Quote from Debaser82:

Only 444 million$ profit in Q2?

Jeez, what happened?
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At this pace of decelerating earnings, imagine what their P/E ratio will be in 4 Qs from now.

Can you say accelerating loan losses?
 
Very bullish. Was priced in and now we can move up!

Market doesn't care how many negative stories/posts there are. It's free money, don't fight it.
 
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