Dovish fed, the spread continues to steepen. That is more on tax reform, 78 basis points is the difference. The pound just turning positive. A macronmerkelmay lovefest over the past few days. I do want to bring in breaking news over the last half hour from ge, a huge mess on earnings at . 29 a share versus estimates that . 50 a share, and it cut its fullyear forecast. The oil and gas environment remains challenging for its spinoff of the baker hughes ge business. What was the huge mess on earnings and revenue came in stronger miss on earnings one revenue came in stronger . Typically on an earnings day it moves just about 2. 8 . What doesions about it do to flannery, the ceo . David it is typical for a new ceo to clean things out, but this is really a big one. Jonathan it says a lot what was going on and maybe for John Flannery, he has the appropriate whipping boy to drive things forward. It gets a decent position because these are just numbers and got his. David he has got to come up w
We thought the s p was trying to climb up to a high. Maybe. 3 . Yesterday. Up 1 taking some of those gains off the table. Not anything to screen about. We are looking at earnings. Years. N the most in 19 at one point the learned Worlds Largest advertising firm. That sector makes up a third of its revenue. Markets closing down more than 11 . Other earnings that we were following was lows. Lowes and home depot divergence continues. It isnt quite keeping up with where home depot has been. Samestore sales came in at 4. 5 . Its behind the 6. 3 percent samestore sales growth we saw from home depot. Some analysts are saying maybe home depot has a bigger presence in the Northeast Market and thats where shes where you are seeing more of the growth. Continuing to see price divergence as the spread widens. Notet got an analyst saying are cutting the shares of lowes to a hold. Downng the price target 15 to 76 share. To wrap it up we are in the middle of jackson hole awaiting comments down from mar
We thought the s p was trying to climb up to a high. Maybe. 3 . Yesterday. Up 1 taking some of those gains off the table. Not anything to screen about. We are looking at earnings. Years. N the most in 19 at one point the learned Worlds Largest advertising firm. That sector makes up a third of its revenue. Markets closing down more than 11 . Other earnings that we were following was lows. Lowes and home depot divergence continues. It isnt quite keeping up with where home depot has been. Samestore sales came in at 4. 5 . Its behind the 6. 3 percent samestore sales growth we saw from home depot. Some analysts are saying maybe home depot has a bigger presence in the Northeast Market and thats where shes where you are seeing more of the growth. Continuing to see price divergence as the spread widens. Notet got an analyst saying are cutting the shares of lowes to a hold. Downng the price target 15 to 76 share. To wrap it up we are in the middle of jackson hole awaiting comments down from mar
We thought the s p was trying to climb up to a high. Maybe. 3 . Yesterday. Up 1 taking some of those gains off the table. Not anything to screen about. We are looking at earnings. Years. N the most in 19 at one point the learned Worlds Largest advertising firm. That sector makes up a third of its revenue. Markets closing down more than 11 . Other earnings that we were following was lows. Lowes and home depot divergence continues. It isnt quite keeping up with where home depot has been. Samestore sales came in at 4. 5 . Its behind the 6. 3 percent samestore sales growth we saw from home depot. Some analysts are saying maybe home depot has a bigger presence in the Northeast Market and thats where shes where you are seeing more of the growth. Continuing to see price divergence as the spread widens. Notet got an analyst saying are cutting the shares of lowes to a hold. Downng the price target 15 to 76 share. To wrap it up we are in the middle of jackson hole awaiting comments down from mar