2min chapter

The Compound and Friends cover image

The Texas Hedge

The Compound and Friends

CHAPTER

The Stock Market Is Getting Frustrated, Right?

We did 20 % earnings growth, mostly because of the tax cut, right? Right? A stock returns zero. Look a, you 20, 12, 20 paentad, negative earnings. O, i agree. I'm not saying it's perfect. If people have confidencethe arnings are hir nd, there was a gross scare that abated a little. That's an intellectual expos answer to your question. It just seems the rally was so furious.

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