Today I am reminded of this quote from @JamesCarville - "I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."
"The disruptor is us."
$T has unveiled a new strategic plan - focused on 5G and fiber subscriber growth, aiming to reach over 50 million toal locations with fiber by 2029. CEO John Stankey joins @davidfaber to discuss.
Listen here: https://t.co/sf5sTJzXcn
FTC scores a big win as judge grants preliminary injunction to stop Tapestry's purchase of Capri.Court finds that "accessible-luxury handbags are distinct from mass market and true luxury."
LVMH sales not good led by 5% decline in Fashion & Leather and 7% sales decline at Wines & Spirits. Overall organic revenue down 3%. Second big miss today for large European company after ASML missed. Conf. call on-going.