The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Peabody Energy's bankruptcy gives Big Oil a glimpse into the future, while energy losses are just one issue U.S. lenders have to contend with. Plus: startup news outlets face age-old problems.
from Morning Bid with David Gaffen:
Right now the market seems to be in a place of benign neglect when it comes to worrying about things like earnings, slow global growth, central banks, and anything else that might qualify as the type of thing that would keep the markets from moving much higher.