Hillary Will Be The Least Of Your Worries - America Has Economic Diarrhea
Submitted by Eugen von Bohm-Bawerk via Bawerk.net,
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Amazon Soars After Smashing Expectations On Surge In Cloud Profits
Amazon has done it again. Moments ago Jeff Bezos' company reported Q1 earnings that blew away expectations, when it printed revenues of $29.13 billion, well above the expected $28 billion, generating EPS of $1.07 almost double the expected $0.57.
Kamikaze-Kuroda & Carl Icahn Crush Facebook-Driven Stock-Feeding Frenzy
There is only one clip for this...
It started in Japan...when Kuroda let the world down... 1500 NKY points down!!
And then China stomped on its latest bubble...
Earnings "Beats" & The Warning In Today's GDP Data
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Earnings Are Beating Estimates Like Crazy
In a not so surprising outcome, the number of companies beating earnings estimates currently is above the 12-quarter average. Via Zacks Research:
“While growth remains problematic, actual results are turning out to be less bad relative to the low levels to which estimates had fallen ahead of this reporting cycle. More companies are coming out with positive surprises for both earnings as well as revenues.”
Focused On The Wrong End Of Oil
Submitted by Jeffrey Snider via Alhambra Investment Partners,