Mike Lenhoff
Mike Lenhoff
coming earnings market moved
Pretty much everyone has been overwhelmed by the way in which the market has steadfastly moved higher. But valuations are still satisfactory because the earnings are coming through.
corporate earnings economic global growth outlook remains supported
Corporate earnings growth remains supported by the outlook for global economic activity, which is improving.
analyst earnings europe loss momentum seeing
We are seeing more analyst downgrades than upgrades. Loss of earnings momentum in Europe is weighing.
analyst earnings europe loss momentum seeing
We are seeing more analyst downgrades than upgrades, ... Loss of earnings momentum in Europe is weighing.
apple beat comments companies drag earnings fed inflation markets maybe officials recent reminder
Apple is a reminder that maybe expectations for third-quarter earnings were too high, and most companies won't be able to beat that, ... The combination of earnings worries, with recent comments by Fed officials on inflation will drag on the markets today.
backdrop earnings generally investors quarter results solid
Generally speaking, the earnings results have been good. We've got another quarter of solid growth. It suggests to me investors should not be quibbling about the backdrop of the market,
earnings global growth outlook people share view
The global outlook is OK, so that suggests that the earnings (growth) will still be there, and as long as they are, people take the view that the wherewithal for dividend growth and share buybacks will be there.
earnings exactly general indication looking markets outlook people picture positive proving
The earnings picture in general is proving to be a lot better than people expected. The outlook for earnings is still very positive so these markets are doing exactly as you'd expect. There's no indication yet they're looking tired.
banking earnings fact factors higher interest last major market moment pushed rates stop year
The market is really banking on the fact that all the factors that pushed it up last year are going to do so this year. The only thing that will stop it are higher interest rates and earnings disappointments -- at the moment it does not look like you are going to get any major earnings disappointments.
bond convince determined higher interest markets rates seem
These bond markets seem determined to convince everyone that interest rates are going a lot higher than expected.
bound corporate despite gains growth high market oil remains solid stock
U.S. corporate growth remains very solid despite high oil prices. The stock market is bound for some gains today.
bond everywhere happens lead rise start turn wall yields
That would lead to a rise in bond yields and in turn start to make equities look unattractive. If that happens on Wall Street, it's going to happen here in the UK, it's going to happen in Europe, and everywhere else.
equity markets positive remain stick view
Fundamentals remain positive for equity markets so our view is: stick with the trend, it's not the end, it's still your friend.
momentum reason run
There is no reason to think that markets, with the momentum we have seen, will run out of steam.