In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Yet there are some clouds on the horizon because of dismal revenue growth. The real problem facing Bank of America and its competitors is falling revenues. The revenue drops at BOA are not as bad as in past years, but they are still worrying.
Read MoreThe writing is on the wall: today’s value shoppers want healthy, quality foods that are convenient but sold at the lowest price possible. Those trends seem to benefit Kroger, Whole Foods, Trader Joe’s, and Costco Wholesale. A potential loser here is Walmart (NYSE: WMT), which has a reputation for low quality and lousy customer service.
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