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The DC Today - Wednesday, November 15, 2023
Published 2 years, 4 months ago
Description
Today's Post - https://bahnsen.co/46gNK3n
With over 90% of companies now having reported Q3 earnings, we stand at a 6.3% growth rate and well above Octobers estimate of just 1.6%. Just as I mentioned on CNBC World Monday night, profit growth is exceeding revenue growth as companies with pricing power that raised prices the past year due to inflation are showing margin expansion as some of those input prices ease. Also, for all you wondering, it really was just CPI and not my global television debut that fueled the market rally the following day.
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com