RE:RE:RE:RE:RE:Earnings Estimates for Q3 and Q4I think with signs such as today that the inflationary pressures are abating, the next logical step in the market's mind is that the Fed will ease off somewhat, and in the process, especially with the strong job builid, we'll avoid a a recession.
Personally, I wouldn't think that this senario was possible, even as recent as a month ago, but it does in fact seem to be playing out this way. I'm not 100% convinced, but I do now think it's worth entertaining the thought, and I'm on the cusp of agreeing.
If so, this will work even further in Bombardier's favour, as a further risk-on motivator in the market.
Truthifest wrote: Yeah, the potential storm clouds from a recession, was likely worrying big investors who look at the still heavily indebted Bomber. Cyclical + lot of debt + slowing sales = avoid, in their eyes.
So, great to see a lot of the variables that add up to the avoid, improve: orders, CF, recession overhang. I think a big part of Bomber's To Do is getting the big boys to increase their positions. Micro has been worthy for awhile, and is getting better by the quarter, but now macro is cooperating, at least a bit. So, I think it's time.