Citi On Q3 Earnings: Beats The Result Of One-Time Factors, Not Growth – ValueWalk Premium
Earnings

Citi On Q3 Earnings: Beats The Result Of One-Time Factors, Not Growth

Citi Research analysts Tobias M Levkovich, Lorraine M Schmitt and Christina Wood look at stock prices in the context of the real quality of recently reported earnings, earnings guidance and a liquidity-based rally, and sound worried in their report “Unsettling Disconnects” of October 25.

LMNOP = “Liquidity, Momentum, Not Operating Performance”

Citi observes that with the ‘tapering’ threat now in cold storage, and the debt ceiling issues kicked down the road, investors are trading markets higher . . .

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