Economic Recovery? You're Being Manipulated.
Month over month growth vs. year over year growth. It's that simple. For those of you who watch CNBC, Fox Business, or any other mainstream org turn it off and tune in to reality. I can't formulate YoY% nor normalized charts here on trading view (go figure..) but I can do my best to show you all that this is quite the time to be alive as either/both a speculator or a trader.
With 89% of companies reported, S&P 500 GAAP earnings are down 57% over the last year, S&P 500 Sales down 12.2%.
S&P 500 YoY sales growth by sector...
Technology: +4.3%
Health Care: +0.6%
Consumer Staples: -0.3%
Communications: -7%
Utilities: -8%
Financials: -9%
Real Estate: -10%
Materials: -15%
Consumer Discretionary: -18%
Industrials: -26%
Energy: -52%
Now, with only 38,000 hospitality and leisure jobs added last month, how do Trump's ads about him having record employment feel after looking through a year over year perspective? Manipulative?
With 89% of companies reported, S&P 500 GAAP earnings are down 57% over the last year, S&P 500 Sales down 12.2%.
S&P 500 YoY sales growth by sector...
Technology: +4.3%
Health Care: +0.6%
Consumer Staples: -0.3%
Communications: -7%
Utilities: -8%
Financials: -9%
Real Estate: -10%
Materials: -15%
Consumer Discretionary: -18%
Industrials: -26%
Energy: -52%
Now, with only 38,000 hospitality and leisure jobs added last month, how do Trump's ads about him having record employment feel after looking through a year over year perspective? Manipulative?
