Just above estimates we begin with wall streets record run futures pointed to a muted open. The dow coming off a fivesession win streak. Plus broken Business Model . Elizabeth warren promising to follow the money when she questions former equifax ceo rick smith in a hearing this morn and pepsi shares are sinking. The beverage and snack giant beats earning but has a lower outlook. The dow, the s p and the russell coming off record highs. The Financial Sector posted its highest in ten years with watches on to see how resilient the market can be. I think what were seeing is a recognition that the economy is better so instead of paying low multiples for, what . Nothing, sorry, go ahead. My pepsi notes. Instead of paying low multiples for companies lets start with the banks. We are going to give the banks a multiple that looks like a stock. Do you know how long its been since i used to speak with brian moynihan, he does a great job and i would say okay lets say you can make two bucks, what
In fact, if you arent at least a little worried at all times, you cant call yourself a professional all pros are paranoid in this business why . Because without some permanent paranoia, you end up missing days like today where the dow lost 158 points, and nasdaq plunged 1 no day can be dismissed, especially not a big down day like this one where you might miss some major disaster lurking around the corner. Before you get to what has me concerned here, let me point something out. I got into this game im older than the old pros who hate to call it the game i got into the game at 1100. The dow is now 21,000320 back then the dow had just run up 300 points over a series of months to get to that 1,100. I liked the tape i liked the market what did i hear at the time . First people told me that i had missed the move. It was over. It was based on nothing. So forget about it second, they said theres no reason to believe the future would be better than the past. This was in the early 1980s. The j
Wolverine Worldwide appoints chief supply chain officer retaildive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retaildive.com Daily Mail and Mail on Sunday newspapers.
Wolverine Worldwide Appoints Bishu Jayaram as Chief Supply Chain Officer streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.