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.
facts might rather wish
I have to live with the facts as they are, rather than as I wish they would be or think they might be in the future.
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.
above beat companies earnings expect falls general percent three
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.
danger energy feed higher inflation pick pressures prices
There's still some danger that inflation could pick up, and higher energy prices could feed into that. But overall, it does not look like substantial inflationary pressures are developing.
certainly downs drops earnings market might money risk time ups
It is certainly a risk if you have new money in the market now with these kind of price- earnings ratios, ... If you're queasy about drops and ups and downs this might be a time to be a little cautious.
represents risky seem
When things seem very risky it often represents opportunity.