"In its desperation to report positive trade headlines, sometimes the American financial press can be a bit overeager, to the point of forgetting to double-check their translations." t.co/TixOQWT6HN
— Alastair Williamson (@StockBoardAsset) November 7, 2019
This is the real reason why the stock market is making highs..
Slowdown optimism t.co/tdJUbaEQnN
— The Insider Trader (@AlessioUrban) November 7, 2019
— Jeff Richards (@jrichlive) November 7, 2019
Earnings at big US companies are forecast to rise 0.8% in the Q4, down from a 4.1% forecast at in Oct. & 7.2% expected as recently as July. If true, that means companies are poised for their slowest annual pace of earnings growth in 4 yrs.
— Lisa Abramowicz (@lisaabramowicz1) November 7, 2019
German industrial production continues to worsen t.co/2kSRBWeeQR
— Bloomberg Economics (@economics) November 7, 2019
Interesting to see European Stock Index approaching 20 year resistance level.
Is it all about liquidity? Signs of improvement in the economy? Central banks easing?
— Sebastian Sienkiewicz (@Amdalleq) November 7, 2019