Weaker earnings this year have reduced the expected level of buybacks to a pace of $750b, a reduction of 25% from last year pic.twitter.com/RLoq6UkPj2
SPX Earnings are correlated to the 10y3m curve which suggests earnings to fall 25% YoY. pic.twitter.com/aKlSmPRmhi— Anil (@anilvohra69) October 29, 2019
Corp Profit Margin Contraction Longest Since WWII – note the declines preceding recessions by 1 – 4 yrs. Confirms corp profit recession, cash flows negative, declining capex spending, high debt. SPX at new highs? @LanceRoberts @michaellebowitz @DiMartinoBooth @LizAnnSonders pic.twitter.com/f5DUvz02EH
— Patrick Hill (@PatrickHill1677) October 28, 2019
$SPX Q3 GAAP earnings will be below Q2 which was below Q1 pic.twitter.com/bZU3K2USvq
— Stevie Vixx (@vixcontango) October 29, 2019
‘Tis the season for beating lowered bars. Focus on little box from @OxfordEconomics & ask yourself what kind of market Fed, other fiscal & monetary authorities & US share buybacks have created that fundamentals an afterthought? It’s all about liquidity. @SoberLook pic.twitter.com/vfK0jq81aV
— Danielle DiMartino (@DiMartinoBooth) October 28, 2019
— M/I_Investments (@MI_Investments) October 29, 2019