“We are seeing an average of 6% wage growth for employees of our Corp. accounts. This is a very strong economy”. Brian T Moynihan CEO Bank of America
Keep cherry picking that information though.
Cherry PickingSo let’s get this straight so there is no misunderstanding. You believe I’m cherry picking information, and this is not a strong economy as mention by the CEO of Bank of America Corp. Is that correct?
Still don’t believe this is a strong economy? Stocks are doing well because corporations are making profits. Corporations are making profits because the economy is doing well. I have no reason not to believe the CEO of a major corporation who states flatly, “ this is a very strong economy”, as well as many other indications ...... Call me crazy.Still connecting stocks to the economy? That's a mistake
https://www.google.com/amp/s/seekingalpha.com/amp/article/4276256-drip-drip-drip-recession
Those hoping 2nd quarter earnings would be disappointing and help usher in the next “recession”. Keep your chin up, good news for family & friend’s fortunes.
Well, that is what you are doing.
You mad
Still don’t believe this is a strong economy? Stocks are doing well because corporations are making profits. Corporations are making profits because the economy is doing well. I have no reason not to believe the CEO of a major corporation who states flatly, “ this is a very strong economy”, as well as many other indications ...... Call me crazy.
US Stock Market Overview – Stock Rally Led by Robust Earnings
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David Becker
FX EmpireJuly 23, 2019
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Coke and United Technologies buoy US equities
STRONGER THAN EXPECTED EARNINGS from United Technologies and Coca Cola. The S&P 500 index recaptured the 3K mark. Financials had a strong showing as the KBW Bank index high a fresh 3-month high. JP Morgan is closing in on a new record high. NEARLY ALL SECTORS in the S&P 500 index were higher, led by Materials and Industrials, Utilities bucked the trend. US Exiting Home sales slipped, but the decline was less than expected.
“Chairman and CEO Brian Goldner called it a "high-quality" quarter, pointing out "positive consumer trends at retail and profitable growth led by several geographies and brand categories."
........ trust me, CEO’s do not make these type of comments off the cuff, .... particularly “POSITIVE CONSUMER TRENDS”.
Hahahaha. **** in one hand and hope in the other. Tell me which hand fills up first?Still connecting stocks to the economy? That's a mistake
https://www.google.com/amp/s/seekingalpha.com/amp/article/4276256-drip-drip-drip-recession
Still don’t believe this is a strong economy? Stocks are doing well because corporations are making profits. Corporations are making profits because the economy is doing well. I have no reason not to believe the CEO of a major corporation who states flatly, “ this is a very strong economy”, as well as many other indications ...... Call me crazy.
Stocks have separated from profits, dont fool yourself. Stocks are about hope the trade wars ends soon and that there is a rate cut. Remember that the market were sitting at record highs two months before we hit the great recession.
You are choosing to ignore numerous flashing red lights. Will you act surprised when things go to **** or will you be trying to say everything is fine.
So are earnings numbers ignoring warnings too?Stocks have separated from profits, dont fool yourself. Stocks are about hope the trade wars ends soon and that there is a rate cut. Remember that the market were sitting at record highs two months before we hit the great recession.
You are choosing to ignore numerous flashing red lights. Will you act surprised when things go to **** or will you be trying to say everything is fine.
So are earnings numbers ignoring warnings too?
Good Morning Mr. Boom, you may be correct, I doubt it, but good luck.Stocks have separated from profits, dont fool yourself. Stocks are about hope the trade wars ends soon and that there is a rate cut. Remember that the market were sitting at record highs two months before we hit the great recession.
You are choosing to ignore numerous flashing red lights. Will you act surprised when things go to **** or will you be trying to say everything is fine.
Perhaps they would feel better had they received a tax cut last year.....
Perhaps they would feel better had they received a tax cut last year.....
Caterpillar (CAT) Earnings Expected to Grow:
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Zacks Equity Research
ZacksJuly 17, 2019
The market expects Caterpillar (CAT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2019.
How did it not age well? The economy in the opinion of many is very strong and I believe that to be the case. In addition, I believe there are Liberals who very much wish otherwise, to the detriment of not only themselves, but to friends and family for strictly political purposes. Ps CAT is a strong Corp. and will continue to be so in the future.How is CAT doing today? Boy, this aged well.
Only if you dont understand the market. You obviously dont.How is CAT doing today? Boy, this aged well.
How did it not age well? The economy in the opinion of many is very strong and I believe that to be the case. In addition, I believe there are Liberals who very much wish otherwise, to the detriment of not only themselves, but to friends and family for strictly political purposes. Ps CAT is a strong Corp. and will continue to be so in the future.
Only if you dont understand the market. You obviously dont.
Tanks? It is currently down less than 4% on the day and well above its annual low.Caterpillar tanks after company cuts guidance, citing tariffs and lower demand in China
https://www.cnbc.com/2019/07/24/cat...global-economic-bellwether-cuts-guidance.html
The company will host its earnings call at 11:00 a.m. ET. We are reminded that Caterpillar is very much a conference call stock, so full judgement of the quarter and outlook cannot be made until we hear more from management. That said, we continue to like the longer-term framework of management's strategy and believe CAT can produce better results in the second half of the year into 2020 as more favorable economic conditions develop due to lower rates, eased trade tensions, and perhaps even a recovery in the oil cycle as told by Halliburton (HAL) and Schlumberger (SLB) . The stock deserves to be down a bit, but trading lower to $130 early this morning looks a bit oversold to us. We like it at that level because earnings may not come down as much as people are thinking -- remember consensus was already at the low end of management's outlook.Caterpillar tanks after company cuts guidance, citing tariffs and lower demand in China
https://www.cnbc.com/2019/07/24/cat...global-economic-bellwether-cuts-guidance.html
Tanks? It is currently down less than 4% on the day and well above its annual low.
Buy, buy, buyThe company will host its earnings call at 11:00 a.m. ET. We are reminded that Caterpillar is very much a conference call stock, so full judgement of the quarter and outlook cannot be made until we hear more from management. That said, we continue to like the longer-term framework of management's strategy and believe CAT can produce better results in the second half of the year into 2020 as more favorable economic conditions develop due to lower rates, eased trade tensions, and perhaps even a recovery in the oil cycle as told by Halliburton (HAL) and Schlumberger (SLB) . The stock deserves to be down a bit, but trading lower to $130 early this morning looks a bit oversold to us. We like it at that level because earnings may not come down as much as people are thinking -- remember consensus was already at the low end of management's outlook.
Buy, buy, buy
You can leave moe. @Boomerwv has already lost his bet to leave this forum.
Congressman Jordan: "Mr Mueller, did you have any input in the granting of the 3rd FISA warrant request?"
Mueller: "Can't get into that". [eyeroll]
But he's supposed to be explaining how Trump "colluded" with Russians then "obstructed" the investigation right @Boomerwv ?![]()
He hasnt bet answered any question about either. Your FISA ******** is irrelevant to the bet.
Do you want me to repost the terms of our bet? Or will you stop posting once Mueller is finished "testifying" to "collusion" and "obstruction"? [eyeroll]
I told you atl, I can't get into all of that!
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He explained obstruction during the first question and not long thereafter agreed that he didnt find evidence of collusion. He has only refused to answer questions outside of his perview, such as FISA warrants.
The bet, in your words, was about collusion and obstruction, and answered questions on both.
I expect you to be the one leaving.