dow jones

Up In Smoke

Well-Known Member
The trees start shaking back and forth before the big storm?
So far, the companies that have reported 3rd quarter earnings have beaten estimates by a nearly 80% ratio. Forward guidance is a little shaky not knowing where the Fed will settle on short term interest. If the Fed could come out and say, we are stopping at 4.5%, the market would take off. United Airlines was a solid beat on larger than expected bookings into 2023.
 

DriveInDriveOut

Inordinately Right
So far, the companies that have reported 3rd quarter earnings have beaten estimates by a nearly 80% ratio. Forward guidance is a little shaky not knowing where the Fed will settle on short term interest. If the Fed could come out and say, we are stopping at 4.5%, the market would take off. United Airlines was a solid beat on larger than expected bookings into 2023.
20221019_111423.jpg
 

Wally

BrownCafe Innovator & King of Puns
So far, the companies that have reported 3rd quarter earnings have beaten estimates by a nearly 80% ratio. Forward guidance is a little shaky not knowing where the Fed will settle on short term interest. If the Fed could come out and say, we are stopping at 4.5%, the market would take off. United Airlines was a solid beat on larger than expected bookings into 2023.
20 percent drop?

 

olroadbeech

Happy Verified UPSer
Noticed the market wants a GOP victory.......
If you see them get the senate then we may actually make some money.

I dont wanna see it though.
 

Up In Smoke

Well-Known Member
A weeks worth of strong economic reports will send the Fed back to rethink their strategy. Job growth, consumer spending and wages were much better than expected. Good news is bad news for the market and the Fed.
 
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