If things are going so good?
Why are they doing this?
Could be ….The Republican ‘trickle down ‘ thing was always bullshit…..
Could be ….Companies are squirreling away money worried that Trump’s economic and foreign affairs miscues are about to tear a hole in the American economy….
Could be ….All those rosy picture’s the Trump admin is broadcasting (tax cuts/giveaways) hasn’t fooled companies or the Federal Reserve….
Companies are moving to stop reporting monthly sales and revenue and goin g to quarterly ….
Previously obliged to provide detailed breakouts, a growing number of companies are cutting back how much information they give investors right as concerns are growing about an economic slowdown and a potential earnings recession.
Why it matters: The companies pulling back are the same ones that drove the market to record highs — at a time when there are questions about how much longer the bull market can run.