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72% EPS beat rate so far
6.6% EPS growth SPX ex-Fins & Energy Source: Mike Zaccardi, BofA
YARDENI on savings rate and labor supply shortage :
“.. retiring Baby Boomers are likely the reason that the personal saving rate is falling; they’re depressing the rate as they spend their retirement funds and no longer have earnings to save. In addition, they are spending at a record pace on labor-intensive services (restaurants, travel and entertainment, and health care), thus boosting labor demand ..” Source: LESG, Yardeni research
Tesla breaking swing high ?
Tesla (TSLA US) is breaking last swing high 184.25 !!! This is an important level, keep an eye at the close. Source : Bloomberg
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