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Pretty bad argument when we in fact do have many of the numbers for public companies and those numbers show growing revenue and record profits...

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I'm not an accounting nor a forecasting expert, but I'm comfortable theorizing that the current quarter's financials of a company doesn't necessarily dictate its next moves.

I find people's tendency to generate outrage from nothing other than headlines to be very annoying.

This would make more sense if any quarter stood completely in isolation, but some of these companies have been making sounds about "economic headwinds" since before the last quarter started, setting expectations low, and then still managed to "somehow" deliver outstanding or even record results.

Hearing how bad things are going to be for more than three months as they continue to not, in fact, be that bad, I started to wonder if they even believe what they're saying.

And if they do, that's fine, but then why use the money for buybacks/dividends rather than saving it for the downturn they're sure is coming?

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