Joe Cooper
Joe Cooper
companies recovering saying slow stocks tech
Tech companies are not saying that things are recovering quickly. They are saying that things are recovering gradually. But tech stocks are not priced for slow improvement.
push
I'd say they're maniacs, really, ... You push buttons, and it just does what it wants.
believe best covering industry nature stocks
Analysts have always been biased. It's in their nature to be partial. They're covering an industry because they believe in that industry, and they're covering the stocks that are the best in the industry.
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All the same, a rate cut won't have any immediate effect on companies' profits. These rate changes take six months to a year to be felt, which means it won't be until the second quarter of next year that the last interest rate hike makes its way through the economy. So it may look pretty bleak until then.
area buying cases clothes commodity consumer consumers home interest rates themes thus underlying
The underlying themes are interest rates and commodity pricing. Home buying has slowed down, thus the consumer furnishings area has started to hurt, and in some cases consumers aren't buying any clothes anymore.
economic foresee growth premise seeing slowing underlying
The underlying premise of why we're seeing all of these warnings is a slowing economic cycle. The analysts didn't foresee that growth would slow down as much as they thought.