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It's difficult to see how this bill is a broad win on inflation.
You have to love the increased guidance, and the business appears to be in a very good place.
We'll be focused in particular on the underemployment numbers.
This stock is in a technical state of weakness and add that to the eroding fundamentals.
Is there more room to run? That's very likely. What could screw that up? Really anything.
The company has also increased guidance for the full year 2022.
Several Fed officials were out and about on Tuesday, and what they did was cause a selloff across Treasury markets.
I think CAT is going to have to find a new discipline in improving the balance sheet that has just not been there.
Keep in mind that AMD will be reporting performance across four business segments for the first time this evening.
The quarter was excellent. Cash flows are flowing. Guidance was solid.