The economic problem is much more on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me around the table, collin martin, gregory staples, and michael buchanon. Michael, i want to begin with you. The Silver Lining at the end of a brutal week for many of you out there, i know. Finally, do you start to see the policymaker panic, and should that be were the markets stop panicking . Michael i think thats a real good point. We knew fiscal policy was coming our way, we knew Monetary Policy was
More on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me around the table, collin martin, gregory staples, and michael buchanon. Michael, i want to begin with you. The Silver Lining at the end of a brutal week for many of you out there, i know. Finally, do you start to see the policymaker panic, and should that be were the markets stop panicking . Michael i think thats a real good point. We knew fiscal policy was coming our way, we knew Monetary Policy was coming our way. The two worki
We all agree it will not do much. The economic problem is much more on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me around the table, collin martin, gregory staples, and michael buchanon. Michael, i want to begin with you. The Silver Lining at the end of a brutal week for many of you out there, i know. Finally, do you start to see the policymaker panic, and should that be were the markets stop panicking . Michael i think thats a real good point. We knew fiscal policy was coming our
15,5701 where the industrial average settles out. Nasdaq up 14. 5 points, a third up a percent at 3943. S p 500 at all time high, uncharitied testimony, 7 up 7. 72 , 1759. Sti stephanie link back with us, rich peterson, ken mahoney from mahoney asset management. This earnings story bob pisani was talking about is pretty compelling. How come earnings are seen rising 4. 5 , and interestingly, revenue looking at expectation of 4 growth there. Whats going on . What are you seeing within these earnings reports for the Third Quarter . Sure. As the beatles once said, its Getting Better all the time. The fact is when we started earning season when alcoa reported on october 8th we were looking for 3 , now 4. 5 . Eight of the ten s p sectors have seen substantial increases in earning expectation over that time. Four have seen more than doubling expectations from where we were 8 october 8th. Notably technology, materials, health sxcare and financials. Were seeing a boom. The fact is we get above
NORTHAMPTON, MA / ACCESSWIRE / May 29, 2024 / Del Monte Foods, Inc.:Letter from our CEORead the 2023 Del Monte Foods ESG ReportSince our founding, Del Monte Foods has been a lifeline to our communities