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DAHBOO 77 - STOCK MARKET WARNING SIREN IS BLARING        EmptySun 29 Aug 2021, 22:15 by Jude

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DAHBOO 77 - STOCK MARKET WARNING SIREN IS BLARING

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DAHBOO 77 - STOCK MARKET WARNING SIREN IS BLARING        Empty DAHBOO 77 - STOCK MARKET WARNING SIREN IS BLARING

Post  Jude Tue 15 Aug 2017, 03:34



Published on Aug 14, 2017
Are we blinded yet by the brilliance of corporate earnings?

“Adjusted” earnings growth is 10.2% year-over-year in the second quarter, according to FactSet, based on the 91% of the companies in the S&P 500 that have reported results. The energy sector was a key driver, with 332% “adjusted” earnings growth from the oil-bust levels of a year ago.


The sectors with double-digit earnings growth: information technology (14.7%), utilities (10.8%), and financials (10.3%). The rest were single digit. Earnings in the consumer discretionary sector declined.

Revenues grew 5.1%, also led by the energy sector. At the beginning of Q2 last year, the WTI grade of crude oil traded at $35 a barrel. In Q2 this year, WTI ranged from $42 to $53 a barrel.

Learn More:
http://www.zerohedge.com/news/2017-08...

http://www.zerohedge.com/news/2017-08...

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