Stay updated with breaking news from Sherwin williams. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Introducing the world of paint mixing. The Company Repays him by firing him. That employee joins us live today. All that and more on making money. Charles even though shares are slightly lower, my stock of the day is deere. Regular watchers of this show know i have talked about this company, i have great affection for it in the past and one of the reasons i love this company, it was born when a farmer saw a void and decided to fix it himself. That was 182 years ago. This morning, the stock reported earnings that was all about the american farmer, the Agricultural Equipment sales increased from last year, operating margins soared to 13. 9 from 9. 2 . Management credited a shift in sentiment, market access, government actions and prices, in addition to a mon centster government actions and prices, in addition to a mon centste be management gave strong guidance. If you a ....
And your comments a moment ago to andrew, just sort of crystallize, not just what a job shes done, but how companies are placing their bets on looking through cycles, even though were a week away from an election and in the middle of a pandemic. You have somebody the quality of lease why isa su, best ceo i country, nonpromotional, re competitive thought this was maxed out. Youre in the personal computer and data center, it is not good enough she saw what happened to intel i dont say that with any prejudice. Just that she left intel behind. She is in the data center, who is she who are her clients . Azure, google, and, of course, amazon but it is time she feels it is time to branch out into auto, time to branch out into defense into telco when you look at xilinx, what youre seeing is a mosaic where there is some overlap in data center, but the rest is an attempt to say, you know what, we need a bigger total Addressable Market w ....
Theres some interesting things in the Options Market that could keep the market down for a bit of time. I do think people are underestimating, a, youve got a good economy with a tremendous amount of stimulus coming in and i think that will continue to drive the market higher. Plus youve got a dynamic where the fed has made much of the fixed income market on investable with treasury and mortgages where they are today, when you take the earnings yield well into the 4 off next years earnings that is a pretty attractive asset class and i think it will propel the market higher so election uncertainty doesnt matter much in the near term stimulus talks, negotiations may not. How does that factor in . Its a big call that you make. Youre the one that suggests in our notes today that it mossably could happen or at least start before the election. Yeah. I mean, so listen, the election the election does matter i think what people have started ....
Brickandmortar names on the endangered species list. How can you invest in that comeback as well . Plus the need for law and order seems to help President Trump. The new numbers that have him in a deadheat with joe biden. Just how much keeping schools closed will hurt the economy . We have the data behind the 15 trilliondollar answers. All that and so much more on making money. Charles dave asman told you stocks are soaring after three days of step selloffs. You remember august and then the dazzling fall. We have mark tepper, phil blancato, and bull tick Capital Markets strategist, Katherine Rooney veer a i will ask everyone, but i start with you, phil. Is the worst over . No it is not. We have a lot of volatility to come. Election cycles will do that. High valuations will do that. Astrazeneca announcement put concer ....