Sunday, November 20, 2016

Not known yet but as usual from the stock pumping trolls will be a high expectation then over time the expectations get lowered and then miraculously the fluffed up figures happen to meet or exceed the most recent lowered estimates. It's the game used for lots of other things in the financial world, including, notably, corporate earnings. I saw an interesting graph going back to 2012 with a dramatic consistency of posting a certain figure and the figures keep dropping and dropping. Year after year this occurred and didn't even get the stock market to fall. Corporate profits are more than 20% lower than in 2014 and look at the market, much higher than in 2014. Nothing makes sense any longer.