GE

U.S. market goes nowhere as economic trend remains wishy-washy

Earnings from General Electric this morning illustrate the problem that this kind of decent but not great growth poses for a U.S. market trading near all time highs. General Electric reported a 16% increase in adjusted earnings from continuing operations for the fourth quarter of 2013 over the fourth quarter of 2012. The 53 cents a share the company reported matched Wall Street analyst projections. But the stock fell 2.57%

GE and McDonald’s disappoint on growth–although I like the stocks from here in an uncertain environment

GE and McDonald’s disappoint on growth–although I like the stocks from here in an uncertain environment

I wouldn’t make too much of today’s move to the upside in U.S. markets. It’s not unusual for the Friday of a down week to show a slight bounce. Certainly today’s earnings results from market bellwethers McDonald’s (MCD) and General Electric (GE) won’t relieve market worries about revenue and earnings growth for U.S. companies.