Economy is flashing red while companies beating estimations left and right
The Fed
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/6eac1dba542d3f62b275baa34d50561f.png/bigmoo)
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/4f12b06c547f35f79e6ffcd0502fc81f.png/bigmoo)
The Economy
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/ee3c13479bf9390783c5ada6ac278370.png/bigmoo)
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/148031d8471f3671925b577b2c730f3f.png/bigmoo)
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/bb9f000e138e3c418fb4c03648b3a69a.png/bigmoo)
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/0a15352f240e33eaab2d2323ea61bab1.png/bigmoo)
The Business
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/56a0f32efc0f3ae8acbf82ba4176ff08.png/bigmoo)
UPS missed both the top and bottom lines and guided lower as well. This is actually good news for disinflation . Additionally, UPS and FedEx deferred volume is down significantly, which is another piece of evidence that spending on goods is slowing down.
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/68ed84bb71133a88aea01d1f13da668d.png/bigmoo)
Pepsico beat both top and bottom lines and guided higher. Most of the growth really came from inflation, but at least consumers are not cutting back on snacks yet. Similar observations from McDonald's, Coca Cola, and Chipotle. One important piece of information from Pepsico earnings call is that there will be no more price increases for the rest of the year.
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/f1f609420bc83db49700bee7deeca0a5.png/bigmoo)
GM beat earnings estimates and guided higher. This is a bit surprising, especially considering that Whirlpool also beat expectations. In fact, the whole consumer discretionary sector was doing very well in Q1. This really is something you wouldn't expect to see if the economy is weakening.
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/c6d288775e9932629b8fb2b6609529eb.png/bigmoo)
McDonald's beat earnings but missed revenue. However, they are now anticipating a recession as revenue per single order dropped and price resistance from dinners increased.
Visa confirmed that consumer spending is still very strong, with a 10% growth in payment volume.
Visa confirmed that consumer spending is still very strong, with a 10% growth in payment volume.
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/b5adf7db478d38588061e469381dccde.png/bigmoo)
![Economy is flashing red while companies beating estimations left and right](https://ussnsimg.moomoo.com/feed_image/70040946/4e8ac07a47223bcbb266551809c3f165.png/bigmoo)
On the 25th, the three major stock indexes of the US experienced the biggest monthly decline, how will they perform today?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment