Ed Keon
Ed Keon
ahead bad believe below far few forecasts growth high names numbers people percent profile rates reported robust six
We feel that numbers are not as bad as people think as a few high profile names have reported below expectations. Numbers so far have come down from where they were but have still come in about 5% ahead of analysts' forecasts ... We believe that growth rates are still pretty robust at about six percent growth for the year.
contradict core data inflation key market number personally point pressures seem wondering
The core inflation number was the key number. I've been personally wondering and so has the market about the possibility that inflationary pressures are rising. ... However, this data point at least would seem to contradict that.
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I think we expect earnings in general to be better than expected. Two or three companies will beat expectations for every one that falls short. As a group, earnings will probably be 1, 2, or 3 percent above what analysts are expecting.
represents risky seem
When things seem very risky it often represents opportunity.