XJO 0.22% 7,750.7 s&p/asx 200

dow will be back economic numbers too good, page-3

  1. 1,201 Posts.
    lightbulb Created with Sketch. 12
    brother :)

    just look at corporate outlooks painted by MDs of corporate america aside from housing and banking.

    MDs have a responsibility to their shareholders. Some will BS . Most wont, and if corporate earnings and EPS growth wont be as good, theyll try and break that to the market in their 'outlooks' as nicely as possible.

    So far - EPS, EPS growth and most importantly the 'outlooks' for the future have been solid.

    thats the bottom line here.

    If an MD of a company in the top 30 dow or top 500 s+p500 sees the future earnings in jeopardy, theyll have to somehow relay that to the market as nicely and swiftly as possible.

    Most outlooks are still painted as 'solid' in the US and here in oz the economy and profit growth and corporate outlooks are rosy.

    When MDs start coming out with many painting grim outlooks, or if outlooks are seen by the market as 'grimmer' than usual, youll smell the you know what......... and thatll be time to hit the road.

    The bull aint over yet..............not by a long shot.
 
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