We are not even half way into the quarter, and the negative preannouncements for financials have already begun:
MACQUARIE SAYS `SUBSTANTIALLY LOWER LEVELS' OF CLIENT ACTIVITY - BLOOMBERG
Why is this the case? Just read the previous post on market volume hitting decade lows. And while there are just under 2 more months left in the quarter, absent some seismic volatility explosion in the next month (ahem, Greece) we fail to see how bank revenues will grow at all sequentially, let alone
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