The Investment Thread

SaintInBucLand said

I don't know, I don't have access to every company's exact margins on the products or services they provide.

But I do know that costs on wholesales goods have increased a great deal. In fact I believe we get CPI numbers for the supply side and wholesale side tomorrow.

If companies were making so much money wouldn't their stocks be performing better and not going down across the board like they did today?

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A company's stock price in the short term has very little to do with profit margins. In the long term fundamentals win out, but in the short term, general sentiment has more to do with stock prices. Sentiment is negative now, and each bit of bad news makes people believe that things will turn bad, so even if a company is making a lot of profit (which they are right now), b/c peopel believe that the fed is going to over tighten and cause a recession, stock prices fall.