Subscribe to:
Post Comments (Atom)
Welcome!
About the Author
- Andy
- Irvine, California, United States
- While Dean of The Paul Merage School of Business at UC Irvine (consistently ranked among the Top 50 MBA programs in the US), Andy is also a nationally recognized macroeconomist whose emphasis is on monetary theory and policy, economic forecasting, the U.S. Social Security system and business school trends. His research in progress includes the optimal timing of earnings announcements and strategies for academic leadership.
Some Indicators to Watch
My Blog List
Blog Archive
Followers
This report reflects earnings of a company, which is a bottom line number. With the amount of layoffs accross every industry, it's not suprising. The real concern is that revenues have yet to increase, meaning the consumer is not purchasing goods and services. Until consumer activity improves, expect fewer positive earnings reports in the 3rd quarter.
ReplyDelete