No more bear markets..im serious
This warning is old news. UBS aready fell 20% before it. Market now looks forward for recovery in Q4.Quote from Ivanovich:
"UBS, the largest Swiss bank, rose $1.70, or 3.2 percent, to $54.95 after warning it would take a pretax loss of up to $690 million in the quarter and cut 1,500 jobs."
LOL! I love this shit. Maybe this is the Bizzaro world?