FBC Wall Street Week August 7, 2016
It appears we are on track for the fourth straight square of declining profits for corporations. Gary companies are still make money, just less than they were before. The question is can the markets keep climbing while corporate earnings keep falling. Joining us is bob doll and troy gayeski. I think we have a lot to talk about. Bob, why does it feel to me a little bit like 1999 or 2007 where we know stroks going up and the market is going up, but we worry this le end ugly . I think there are two differences. Interest rates then were here. Down as low levels which allows valuations to be higher...