Busiest week of earnings thus far. Trillionlmost 16 worth of corporates reporting. We need to figure out exactly what the set up looks like. Lets do that with scarlet fu. Scarlet what we have learned so far as we are deepening in an earnings recession with more than a quarter of the s p 500 having reported. Third quarter etf down 18 . Third quarter revenue down last, but still up 4 versus last year. We have definitely turned the corner because declines in the top line and bottom line are less bad than it was in the second quarter. It may even turn positive by the second half of 2021 when the conversations become easier. The market had priced in all of these Third Quarter declines. So far, so good. 500 are topping estimates overall. Sales are beating estimates by 3 . That is the most in two years. Eps is surprising to the upside by 18 , slipping from a 23 margin in the second quarter. Gina martin adams says Growth Companies are beating estimates more widely than value companies. When ea
It and shares of astrazeneca falling premarket, the drug maker hitting pause on its late stage Coronavirus Vaccine trial. Jim, you just tweeted coming to us in a few. Fired up about what . Fired up because i think that people have given up we had 10 correction, most of the people i heard except for jim pullsen in the previous show basically say, look, this is a dangerous its a bubble, its a bubble, its a bubble. Now, i think that anytime the market opens up big, carl, i dont like it but europe is up strong, i think that this idea that its a bubble, what is the it is the it tech is the it apple . Is it tesla . Lets take it case by case ive seen things that have come down a lot that are very interesting. Its just that im not sitting here saying this is the moment where you must buy all the zoom in the world but zoom just fell 30 zoom had a really great quarter. I had cloud strike on last night. People will say these are viciously overvalued, but they have come down and maybe this is the
Health of economic crisis made worse by its president no longer recession proof more than 1000000. 00 Health Care Jobs have been lost in the u. S. At angola merkels 500000000000. 00 euro plan to save the european union. Counting the cost on aljazeera. Its the end of an era in west africa as france moves to scrap the currency used by its former colonies see if a friend will now become the eco but is this genuine change what is the rebranding and its friends really breaking its colonial on the african this is inside story. Hello everyone im come all santamaria 8 west african countries will soon be using a new currency and it may well be that you didnt even know they had an old one but the 75 years the c. F. A. Or they say i thought it would be said in french has been used as money from senegal tunisia and most places in between but not the french government officially approved the end of the c. F. A. Franc it means france will cease to comanage the west african currency the bank of franc
Its the end of an era in west africa as fronts moves to scrap the currency used by its former colonies see if a friend will now become the equal but is this genuine change what is to rebrand and its really breaking its colonial on the african this is inside story. All over but im come all santamaria 8 west african countries will soon be using a new currency and it may well be that you didnt even know they had an old one but the 75 years the see if they say i thought it would be said in french has been used as money from senegal tunisia and most places in between but not the french government officially approved the end of the c. F. A. Frank it means france will cease to comanage the west african currency the bank of france will no longer hold huff of the currency reserves and a replacement currency the eco will be introduced while keeping its Exchange Rate fixed to the euro fronts negotiated with its former colonies for 3 years for reaching a deal last year when the problems with the c
Its the end of an era in west africa as fronts moves to scrap the currency used by its former colonies see if a friend will now become the. What is this genuine change what is to rebrand and its france really breaking its colonial on the african this is inside story. Hello everyone im come all santamaria 8 west african countries will soon be using a new currency and it may well be that you didnt even know they had an old one but the 75 years the c. F. A. Or they say i thought it would be said in french has been used as money from senegal tunisia and most places in between but not the french government officially approved the end of the c. F. A. Franc it means france will cease to comanage the west african currency the bank of france will no longer hold harf of the currency reserves and a replacement currency the eco will be introduced while keeping its Exchange Rate fixed to the euro fronts negotiated with its former colonies for 3 years for reaching a deal last year when the problems