Two Thirds Of Dow 30 Stocks In A Revenue Recession
We go over the Dow 30 industrial stocks' income statements and review their revenue growth or decline over the last 3 years in this video. Of the firms that have positive revenue growth, most are just barely positive over three years. Moreover, the energy sector is down almost 50% in revenues over three years, and CAT`s revenue decline is staggering given the opposite move in the stock`s direction. This market is in a massive QE inspired bubble, and this is why the Federal Reserve is raising rates next week ahead of the market`s expectations. They now realize the stock market is in bubble territory, and risks of a market destabilizing crash are greater than ever before right now.
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Many are in revenue recession, however, stock buybacks and dividends are still adding wealth for shareholders. This alone, is not going to crash the market.
Excellent insight as always @[Moon Kil Woong](user:5208).
Thanks for sharing