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July 26, 2011

Wall Street Focusing on Earnings, Not Debt?

Yesterday, Drew Kanaly appeared on Fox Business to discuss earnings season and the debt ceiling. 

Drew joined host, Neil Cavuto, to discuss how important the success of this year’s earnings season is in relation to the debt ceiling. He explained that Wall Street is focused on money making deals and two-thirds of all reported corporate earnings have beaten estimates thus far. Regarding the debt ceiling, he suggested that the “big show” will not be until 2012. 

Watch the segment.

Posted by at 04:19 PM |

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