It's an earnings-driven market. The big question is whether the flow of earnings can rescue the market from the twin dreadnoughts of higher oil and interest rates.
It's an earnings-driven market. The big question is whether the flow of earnings can rescue the market from the twin dreadnoughts of higher oil and interest rates.
We're all a part of General Electric and GE is an earnings-driven company,
We're not seeing anybody really beating earnings estimates and that certainly is pouring cold water on any enthusiasm for an earnings-driven surprise rally.
There's no question it's earnings-driven. The rally continues to move ahead but on a rotation basis. There are two things driving the market - earnings and economic data. Today's market seems more based on earnings than economic data.
© 2020 Inspirational Stories
© 2020 Inspirational Stories