Dumbfuck fake belief of the day:
"All of the profit decline is from energy companies...all other sectors are doing fine..."
WSJ: Oct. 25, 2015:
"Profit and revenue are falling in tandem for the first time in six years"
"Sales are on pace to fall 4%—the third straight quarterly decline. The last time sales and profits fell in the same quarter was in the third period of 2009."
Q3 Update:
Seagate revenue miss
NCR revenue miss
F5 networks revenue miss
Monster Worldwide revenue miss
Southern Company revenue miss
Moody's revenue miss
Exxon Mobil revenues miss
NXP Semiconductor revenues miss
Buffalo Wild Wings revenue miss
Samsung revenue miss
Goodyear revenue miss
Johnson Controls revenue miss
Praxair revenue miss
Mastercard revenue miss
Xcel energy revenue miss
PG&E revenue miss
Abaxis revenue miss
Paypal revenue miss
Express Scripts revenue miss
Garmin revenue miss
Akamai revenue miss
Waste Management revenue miss
Paccar revenue miss
Microstrategy revenue miss
UPS revenue miss
Cummins revenue miss
Thomson Reuters revenue miss
State Street revenue miss
Pandora revenue miss
Procter & Gamble revenue miss
Skecher's Revenue miss
Caterpillar revenue miss
Freeport MacMoran revenue miss
3M revenue miss
Dow Chemical revenue miss
Quest Diagnostics
American Express
Las Vegas Sands revenue miss
AT&T revenue miss
Hynix Semiconductor revenue miss
Yahoo revenue miss
Harley Davidson revenue miss
Chipotle revenue miss
Johnson & Johnson revenue miss
IBM revenue miss
Morgan Stanley revenue miss
Halliburton revenue miss
Netflix revenue miss
KeyCorp revenue miss
Honeywell revenue miss
GE revenue miss
Intel revenue miss
Goldman Sachs revenue miss
Wynn revenue miss
PPG revenue miss
JPMorgan revenue miss
Dominos revenue miss
EMC revenue miss
Monsanto revenue miss
Yum Brands revenue miss
Alcoa revenue miss
Adobe revenue miss
Illumina revenue miss
Dupont revenue miss
Oracle revenue miss
"We can't afford higher wages"
"We can't afford revenues"
Dow with Sales/Share:
The hardest landing:
Wages...Revenues...Profits...Doh!
Profits peak with the "Economy" aka. short-term interest rates
