Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight
So Intel is cutting 11% of its workforce, Goldman Sachs just reported a 56% drop in profits, Morgan Stanley had a 50% drop in profits, Netflix missed subscriber growth estimates etc... yet, the Dow just hit a 9-Month high, and the S&P500 is now above 2100.<p>The whole market is overvalued, not just the tech unicorns.