Wall Street Is Not Fooled By The Ea...
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  Wall Street Is Not Fooled By The Earnings Game

Play Wall Street Is Not Fooled By The Earnings Game Wall Street Is Not Fooled By The Earnings Game

It is no longer enough for corporations to low-ball earnings expectations so they can exceed them during reporting season, says Peter Boockvar, equity strategist at Miller Tabak. Boockvar tells Andrew O'Day "Yes, you're going to have your Intels and J.P. Morgans that far exceed expectations and rally after those numbers. But on the other hand, you're going to see some numbers that aren't good enough relative to [whisper] expectations, and that's why we're seeing the selling we're seeing today."


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