There are lots of positives, none of which the market is...

There are lots of positives, none of which the market is interested in at the moment. I'm all for hearing the other side of an argument and Citi have every right to make their own call, as does BKL to have its own view on certain markets and events. Markets can try and predict profit and sales downgrades by companies as well, but this does not mean that they will happen. Investing is fraught with danger, and no one has the skill of predicting the future (simple because it is unknowable), not even analysts at Citi bank !

But things have gone too far, and balance has been lost.