16 Quotes by Brian Gendreau
- Author Brian Gendreau
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It looks like yet again we're going to get a quarter with higher-than-expected earnings. Earnings guidance has been positive, and that always helps.
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- Author Brian Gendreau
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It just so happened that we had a number of big-name, negative reports come in to start things off, and it just went from there. Turns out that wasn't indicative of where things are. Earnings are very strong.
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- Author Brian Gendreau
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The Fed has said they're going to be data dependent. A lot is going to depend on what the world looks like at their June meeting. And June is a long ways off, so I think that's a little premature.
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- Author Brian Gendreau
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The consensus is looking for 13 percent earnings growth in Q4, which is a pretty high hurdle.
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- Author Brian Gendreau
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I don't think Main Street cares. But it would improve the mood on Wall Street. Little things like this matter in improving sentiment.
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- Author Brian Gendreau
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I don't think the market is doing that badly, but the market has bad news if it wants it. The PPI report seems to have signaled that producer price inflation is on the rise, there's been downward guidance in earnings and oil prices are going back up over $60 a barrel.
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- Author Brian Gendreau
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The market has focused on disappointing earnings or disappointing guidance about future earnings of just a handful of companies. When there's any hint that we're at the peak of earnings growth, the market gets pummeled.
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