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CNBC Fast Money Halftime Report June 23, 2017

More concerned tom joining us now on the phone. Tom, you there yeah, im here. How are you guys what prompted you to take down your earnings estimates, which theoretically leads to a lower market in your mind . Well, i think part of it has to do with a lot of folks recently talking about how low inflation is good for stocks, because its helping the multiple but what were starting to point out and what we want to point out to investors is lower inflation means Revenue Growth pressures, but with labor costs rising, we know this is going to result in a profit squeeze so were really adjusting our estimates to reflect, especially into 2028, this potential squeeze on profit margins. Youve thrown in your towel on the trump agenda altogether i think theres elements that are going to survive and be very important for markets, especially deregulation. And i think because it doesnt require acts of congress, but i think its tougher to bet on t ....

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CNBC Fast Money April 25, 2017

Everything is awesome. It wasnt the dow surging. The s p is ten points away from the all time high, nasdaq topping 6,000 nor the first time ever. The record closing at a record high. Thigh outperform again today. It was earnings that were really behind the wheel. Caterpillar, mcdonalds are surging, after their reports lead the market higher. After all the talk about tax regulatory reform, could earnings justify the moves we have seen. Earnings matter, absolutely. It was far superior from caterpillar, they moved better. Because people were hoping they play catchup. They will grow into their valuation. You absolutely take money off the table. Mcdonalds on the other hand, i thought was outstanding. We talk about the potential to go to 160 t. Markets are at a point just like the headline looks better, people buy and ask questions later. We talk about how long it is being long, seeing the earnings play we have this morning . Can the caterpillar to me was the biggest teller, this was good. R ....

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