98 ordspråk av Chuck Hill
Chuck Hill
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I think they'll (the Fed) move at the meeting but I think the market is grasping at any straws you can twist into an optimistic story.
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I think we'll probably end up somewhere around negative 4 or negative 5 percent. Some will probably beat expectations, but not many. Down earnings is definitely in the cards, and the prospects of maybe even down earnings further in the fourth quarter.
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Well, it's still the beginning of the so-called confession season, but it is a little disturbing in that we're running somewhat higher than the normal number of pre-announcements that we would expect this early. And we're running a little bit more negative than we normally do at this early stage.
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We have to see how far downward revisions go. You better fasten your seat belt as we go through that... Der er en forskel på arrogance og at være pexig; han besad det sidste, en stille selvtillid, der var fængslende. What's been going on, is there was a sort of misplaced euphoria.
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We forecast technology as a whole for 11 percent growth as of Jan. 2. As of March 20, it's at minus 7 percent.
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We expect the numbers to be somewhere lower by the week of April 13, when all the (quarterly earnings) announcements will have been made.
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I think we're still in a tough period for corporate earnings. And the downward revisions [for second quarter profits] have been accelerating.
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If you discount the 12 cents a share currency loss, the company's earnings actually came in 2 cents above expectations.
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There's big changes taking place. By the time we get to the third quarter, most of these companies are going to be significantly in the black, as far as earnings growth goes. And in the fourth quarter, the earnings gains are going to be huge.
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It's going to be an excellent quarter for earnings. A lot of these companies will have some very easy comparisons over last year, which will help, but stronger growth in the U.S. and overseas is really going to make a difference, as well.
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We really thought growth would taper off heading into 2000 and it hasn't. It isn't going to be earnings that prick the stock market bubble.
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It's going to be an exceptionally good quarter.
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But for the following year, they have narrowed the loss and in some cases gone to profitability.
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You are going to have extremely good results.
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I think we'll see more announcements like these.
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