02-27-2020, 02:36 PM
Maybe, maybe not. I disagree, but of course I don't know. Revenue and earnings growth for much of my port was about zero for 2019. Yet most of them ran 20-40% higher. Anyone have a rational explanation for that? So flat last year and maybe we pull back growth 2% this year? (I'm making numbers up BTW). So does the market pull back 30% this time, or just give any quality a company a pass as they quietly guide their analysts down so earning are OK enough? Which is exactly what they did last year. I don't discount the human element of the coronavirus, but it's about my third epidemic and the financial result was not so terrible that I can even remember what year they occurred.