The Market Ticker - crApple(s) The Bed
Big surprise eh?
Meh.
Cook is a sandbagging sack of crap. He knew damn well two months+ earlier that they were going to miss. A 10% revenue miss is huge; that doesn’t show up overnight.
The real issue is the ISM, although the market has sniffed this out. The entirety of the so-called “Trump” gains were fraud.
Trump goosed the world with his “tax cuts” but he debt financed it, just like you can with your credit card — for a while. But then the bill comes due, and you have a big problem because not only must you make the payments you must also keep buying the necessities. …….
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Source: https://www.market-ticker.org/akcs-www?post=234800
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