Prior Capex 1.5%

  • Company profits Q3: 5.5% vs 18.4% exp
  • Capital spending ex-software Q3: 4.3% vs 3.1% exp
  • Company sales Q3: 4.8% vs 6.7% prior

It’s a pretty volatile number Q on Q.This overhead rise should bode relatively well for the next GDP numbers, profits and sales coming off in turn, wage hikes uncertain .

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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