To: John W
It will be fun to see the earnings projections over the next couple of weeks. What kind of multiples to you put on, “We have no clue?”
It will be fun to see where the Fed will be investing next.
There is so much funny money being printed (20% of global GDP) that it’s amazing we aren’t seeing inflation out the rear end. Except in stock prices.
To: Vermont Lt
Except that earnings were great for the big tech companies in Q 1.
Microsoft, Apple, Google Amazon etc all had stellar earnings in Q1 despite coronavirus. Amazon had their best Q 1 ever.
The Nasdaq is driven by big tech earnings.
Plus 4.8 million new jobs created in June making 7.5 milliin jobs created in May and June, all new records. Plus the great ISM figures that just came out. The economy is making a very fast comeback.
To: Vermont Lt
“It will be fun to see where the Fed will be investing next.”
What is it you think they are buying other than bonds?
68 posted on
07/07/2020 9:29:15 PM PDT by
Pelham
( Mary McCord, Sally Yates and Michael Atkinson all belong in prison.)
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