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Great Again: Corporate America Is Having Its Best Earnings Season

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https://www.bloomberg.com/news/articles/2017-08-11/boost-from-abroad-gives-u-s-companies-best-quarter-since-2004

>Of the 454 companies in the S&P 500 that have so far reported second-quarter results, 68 percent have beaten analysts’ average estimates for revenue and 78 percent have topped per-share earnings expectations, according to data compiled by Bloomberg. Earnings rose an average of 9.8 percent, while sales have climbed 5.5 percent.

>The quarter is on pace to post the highest number of S&P 500 companies beating sales estimates in 13 years, according to an Aug. 7 note from Bank of America equity strategists. Earnings beats also are the highest since 2004, they said.
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inb4 eternally butthurt /leftypol/ peasants screeching about how it's not fair greedy capitalists aren't sharing their riches with subhuman poorfag losers who do nothing to earn it
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>>167168
>subhuman poorfag losers
You mean the ones doing the actual work while the fat cats manage the money? The ones with stagnant wages?
>>
The dow jones hit a record high under Obama too. Not just Trump but the GOP in general hasn't managed to pass any significant legislation with respect to our economic fundamentals, so that's all Obama. We already tried corporate tax cuts and deregulation under Bush.
In any case, what does it matter, working class wages will remain stagnant as always. The only significant way our single-party government has affected the finances of the working class has been to increase their insurance premiums by causing artificial uncertainty in insurance markets in the hopes of making our insurance system insufferable for them.
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>>167176
Yes, the low IQ wagecucks doing jobs a monkey could do. The ones losing more job opportunities to robots every year.
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>>167183
>Obama is an economic mastermind
>The DNC is the party of fiscal ingenuity and responsibility
>Single party government
>Health insurance woes..

Jesus have mercy on your stupid brain
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>>167168
Trumpfags thinking 200 days in office makes him responsible for anything positive - that's the true comedy here.
>>167187
You just described most of middle america. The people who voted for Trump specifically to improve their opportunities.
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>>167188
Nowhere did he call Obama an economic mastermind lol
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>>167131

Ah yes, we all know how the middle and lower classes are invested in DJIA companies and the S&P 500. Truly middle America is benefiting from this.

In before trickle down shit spooners.
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>>167131
>The numbers were fake before, but now they're real.
>We had 40% percent unemployment during Obama, but quite frankly now, it's 4.7% percent and gdp is growing at 2.6%, which nobody thought was possible. We haven't seen that since the great Andrew Jackson. The party of Lincoln... Republicans.

Why are Trump supporters so gullible?
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>>167176
They are doing better than they ever has as well.
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>>167183
The gop did all that. There is a reason why the economy has surged since trump won.
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>>167233
Trickle down does work. It's been proven time and time agian.
Thread posts: 13
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