It is the turn of the Merrill Lunch now!

Just a couple of days ago it was the turn of the JP Morgan to post a rather poor Q4 report and now it is the turn of the Merrill Lynch to do the same. It seems that although many people may think that the worst of the sub prime after effects are over, more and more companies are coming out with new and undisclosed losses.
The markets are getting most of their profits wiped off the board and the investors are getting quite 'antsy'.
Although Merrill Lych did post a poor Q4 report, the outlook according to it seems to be rosy. Merrill Lynch seems to be under the impression that the economy is going to recover the very next day, but that may just be a pipe dream as of yet. With people not willing to spend as much as they may have, it is going to be one tough act to pull this economy up!