WHEN EARNINGS ARE LESS THAN INTEREST EXPENSES (WITHIN A ZIRP REGIME) YOU ARE BANKRUPT! — SOURCE: 07-30-17 Authored by Mike Shedlock via MishTalk.com – “Zombie Corporations Litter Europe, Kept Alive By ECB” — Bank of America says 9% of European firms have subpar interest coverage. Bloomberg covers the story in its report Zombie Companies Littering Europe May Tie the […]
DON’T BELIEVE THE WALL STREET HYPE – EARNINGS AT 2014 LEVELS –SOURCE: 08-12-17 Wolf Richter – “Stock Market Warning Siren is Blaring” — Are we blinded yet by the brilliance of corporate earnings? “Adjusted” earnings growth is 10.2% year-over-year in the second quarter, according to FactSet, based on the 91% of the companies in the […]
Q2 EARNINGS PREVIEW: WATCH OUT FOR EARNINGS GUIDANCE WEAKNESS –SOURCE; 07-09-17 ZeroHedge — “Q2 Earnings Preview: “After Strong Q1 Guidance, Watch Out For Weakness In Q2” — 2Q17 earnings season kicks off next Friday with four banks – Citi, JPM, Wells And PNC – reporting results, accounting for roughly 5% of the S&P 500 by […]
Q1 EARNINGS – LIKELY TO BE THE NINTH CONSECUTIVE QUARTER OF EARNINGS BELOW $100/Yr – THERE IS NO GROWTH! My friend Jeff Snider, who I have interviewed a number of times is clearly getting tired of the “shenanigans” going on with every earnings season. During the last quarter (Q4 -2016) he witnessed: As late as […]
Dividends Send A Warning EXTRACTED FROM: SOURCE: 3 Things: Price-To-Book, Dividends, 2100 Written by Lance Roberts Jul, 7, 2016 I recently discussed the issue of rising corporate debt levels to fund share repurchases: “Corporate debt is a hot topic this year. Before the 2008–09 calamity, U.S. non-financial corporate debt teetered at $2.6 trillion dollars. It is […]
