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Green Shoots of recovery .... too early ?

Quarterly earning reports looking good.

For first quarter of 2009 - Goldman reported $1.8 Billion, JPMorgan reported a net profit of $2.14 billion, and Wells-Fargo is expected to make $3 billion quarterly profit.
Meanwhile, Intel's net earning is down - but better than expected.

Does all this point to the green shoots of recovery ?
Apparantly, not exactly, we need to watch the next qurter as there was a lot of "one-off" things taken into this of quarter's results.
We got to wait for bulk of the financial organization to start looking good.

Oh, well. But good for the big 3 ...



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