"As I exposed in the US Q1 earnings, more S&P Companies' profits are declining than increasing, and the misses are greater then the beats. So still profitable, but the bottom line is falling."
You did nothing of the sort, benny
It is however quite understandable that you would get this wrong, you are an inexperienced amateur.
But what excuse do these people have?
They are supposed to be expert economists. How could they get this so wrong?
Its not as though the information is hard to get to.
I have been posting these figures on this forum for the past month or so
And its not like things are slowing down either.
Each day the news seem to be getting better for US corporate profits.
8 companies reported yesterday (30th of August) as per Trading Economics.
Here are the numbers:
There only remains one question, my esteemed friends:
Is ClarkKent a world class expert, or is ClarkKent the world's ONLY expert?
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