Yeah that isn’t happening. This is because the economy is dying because of him. Report nothing has always been his way of cheating.
reddittorbrigade on
No reporting means no bad news about recession.
No covid testing means no covid cases.
We’ve never learned our lessons from this evil president.
OSU1922 on
Trying to hide those sliding numbers so hard!
Titfortat101 on
I’m pretty sure they can’t or their investors can sue.
blues111 on
If you can’t fudge the numbers? Just hide the data
Ya know what would give people and corporations instant relief and make their earnings reports look better? Canceling the stupid fucking tariffs
His approval rating would probably jump too instantly
GoldStacked on
lol the economic version of stop the count. This is the best the guardians of pedophiles can muster?
thieh on
„You all have the rest of the year to embezzle funds and scam your customers and suppliers!“ /s
ChloeGranola on
Because stumbling around in the dark is far more comforting than having a clear view of your surroundings.
jst4spam on
How about we report the Epstien files
NolChannel on
This is literally a requirement because of Enron. Of course he’s against it.
SnowballUnity on
I don’t think investors are going to go along with that.
He needs to remember who owns his presidency.
Although if it would encourage longer term thinking in companies by having it semi annually?
But I guess they’d just use the time to hide losses better a la Enron.
ExceptionalGlove on
Just like we had no COVID cases once we stopped testing?
manniesalado on
Trump is chalk full of lousy ideas. They should report monthly.
graesen on
The double edged sword here is if the Trump economy continues to tank, the bad news will be worse when it hits later than sooner. He’s not saving anything, just delaying the inevitable.
BlondeBorednBaked on
“He’s good for the economy! He’s a businessman!” is the greatest lie ever told.
groundhog5886 on
He apparently does not like the swings in the market when earnings are reported. LOL he keeps it so entertaining.
BleachedUnicornBHole on
Holy shit are we cooked if this is what he’s advocating for.
eerhmahgerd on
So 3Q earnings are going to be shit and we need to not report until after Christmas. So much winning
coconutpiecrust on
>“Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis??? Not good!!!’” Trump said.
I don’t think anyone heard that. Looks like Trump didn’t hear it either, because:
>Despite Trump’s comments about China, companies there have reporting requirements that are similar to the U.S. if not more stringent. Chinese companies must file quarterly earnings reports as well as semiannual and annual reports.
Sad.
thejameshawke on
A sign of a healthy economy 🙄🤦💀
I_Enjoy_Beer on
Lmao, because he knows what’s coming.
Which is wild to me. A smart person might change course to minimize the damage, but this dumb ass would rather try to obfuscate (and blatantly, I might add) the numbers when that’s a futile thing to do. As we’ve seen, „ball don’t lie“. People will absolutely feel the pain, whether corporate reporting happens quarterly or not.
negativepositiv on
Boss: „Why did you spend so much, and why did you schedule so much overtime when sales were down last week?“
Manager: „You really can’t focus on a single week as an indicator of how the business is going.“
Boss: „Okay, well why were costs high with low sales for the past four weeks?“
Manager: „Well, you really can’t look at a single month as an indicator of how the business is going.“
Boss: „It’s been like this for the past three months.“
Manager: „But if you look at the bigger picture, and not just a single quarter, you can get a better idea of how things are going.“
CaptainAwesome06 on
Does he think that reporting quarterly means these companies aren’t paying attention to their finances on a monthly (or more often) basis? I’ve never worked somewhere that didn’t know what they were doing month to month. It sounds like he thinks Chinese companies aren’t paying attention to their finances until 50 years down the road.
eastbay77 on
So he wants a „trust me bro“ economy, is that right?
Worst_Comment_Evar on
Ah, yes. Because what we need now is LESS transparency from our corporate ‚benefactors.‘ Sheesh.
PartyOrdinary1733 on
Lemme guess, Frank B got to him? Current head of SSA and former CEO of Fiserv named in investor lawsuit for lying about the true performance of the company.
TheAskewOne on
It’s proof the economy is doing great!
Austin_Peep_9396 on
So….if you stop releasing the company results, then the public and stockholders won’t know they’re bad…and…maybe I can get through the midterms before you realize how bad the economy is doing? (Cuz there’s no business reason to do this. Costs of this reporting are minuscule compared to income for most public companies)
Sea-Barracuda4252 on
Blah, blah, blah. Release the Epstein files, President Trump.
Mechanik_J on
I still don’t understand how anyone in „business“ or business news still find credibility in these people.
The emperor has no clothes on.
How can you blindfold yourself to the truth because you want to fit in and/or believe in a political party to the detriment of your well-being?
Toadfinger on
Yeah let’s take business advice from the bankruptcy king. 🙄
VCR_Samurai on
Quarterly earnings reports are how companies stay compliant with federal tax law. It’s also how companies observe how they’re doing financially, giving them a bird’s eye view on the numbers and giving them a chance to course correct where needed.
Saying that you don’t need a quarterly earnings report is basically saying „everything is made up and nothing matters“, which is exactly what an idiot who’s gone bankrupt SIX TIMES would say.
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Yeah that isn’t happening. This is because the economy is dying because of him. Report nothing has always been his way of cheating.
No reporting means no bad news about recession.
No covid testing means no covid cases.
We’ve never learned our lessons from this evil president.
Trying to hide those sliding numbers so hard!
I’m pretty sure they can’t or their investors can sue.
If you can’t fudge the numbers? Just hide the data
Ya know what would give people and corporations instant relief and make their earnings reports look better? Canceling the stupid fucking tariffs
His approval rating would probably jump too instantly
lol the economic version of stop the count. This is the best the guardians of pedophiles can muster?
„You all have the rest of the year to embezzle funds and scam your customers and suppliers!“ /s
Because stumbling around in the dark is far more comforting than having a clear view of your surroundings.
How about we report the Epstien files
This is literally a requirement because of Enron. Of course he’s against it.
I don’t think investors are going to go along with that.
He needs to remember who owns his presidency.
Although if it would encourage longer term thinking in companies by having it semi annually?
But I guess they’d just use the time to hide losses better a la Enron.
Just like we had no COVID cases once we stopped testing?
Trump is chalk full of lousy ideas. They should report monthly.
The double edged sword here is if the Trump economy continues to tank, the bad news will be worse when it hits later than sooner. He’s not saving anything, just delaying the inevitable.
“He’s good for the economy! He’s a businessman!” is the greatest lie ever told.
He apparently does not like the swings in the market when earnings are reported. LOL he keeps it so entertaining.
Holy shit are we cooked if this is what he’s advocating for.
So 3Q earnings are going to be shit and we need to not report until after Christmas. So much winning
>“Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis??? Not good!!!’” Trump said.
I don’t think anyone heard that. Looks like Trump didn’t hear it either, because:
>Despite Trump’s comments about China, companies there have reporting requirements that are similar to the U.S. if not more stringent. Chinese companies must file quarterly earnings reports as well as semiannual and annual reports.
Sad.
A sign of a healthy economy 🙄🤦💀
Lmao, because he knows what’s coming.
Which is wild to me. A smart person might change course to minimize the damage, but this dumb ass would rather try to obfuscate (and blatantly, I might add) the numbers when that’s a futile thing to do. As we’ve seen, „ball don’t lie“. People will absolutely feel the pain, whether corporate reporting happens quarterly or not.
Boss: „Why did you spend so much, and why did you schedule so much overtime when sales were down last week?“
Manager: „You really can’t focus on a single week as an indicator of how the business is going.“
Boss: „Okay, well why were costs high with low sales for the past four weeks?“
Manager: „Well, you really can’t look at a single month as an indicator of how the business is going.“
Boss: „It’s been like this for the past three months.“
Manager: „But if you look at the bigger picture, and not just a single quarter, you can get a better idea of how things are going.“
Does he think that reporting quarterly means these companies aren’t paying attention to their finances on a monthly (or more often) basis? I’ve never worked somewhere that didn’t know what they were doing month to month. It sounds like he thinks Chinese companies aren’t paying attention to their finances until 50 years down the road.
So he wants a „trust me bro“ economy, is that right?
Ah, yes. Because what we need now is LESS transparency from our corporate ‚benefactors.‘ Sheesh.
Lemme guess, Frank B got to him? Current head of SSA and former CEO of Fiserv named in investor lawsuit for lying about the true performance of the company.
It’s proof the economy is doing great!
So….if you stop releasing the company results, then the public and stockholders won’t know they’re bad…and…maybe I can get through the midterms before you realize how bad the economy is doing? (Cuz there’s no business reason to do this. Costs of this reporting are minuscule compared to income for most public companies)
Blah, blah, blah. Release the Epstein files, President Trump.
I still don’t understand how anyone in „business“ or business news still find credibility in these people.
The emperor has no clothes on.
How can you blindfold yourself to the truth because you want to fit in and/or believe in a political party to the detriment of your well-being?
Yeah let’s take business advice from the bankruptcy king. 🙄
Quarterly earnings reports are how companies stay compliant with federal tax law. It’s also how companies observe how they’re doing financially, giving them a bird’s eye view on the numbers and giving them a chance to course correct where needed.
Saying that you don’t need a quarterly earnings report is basically saying „everything is made up and nothing matters“, which is exactly what an idiot who’s gone bankrupt SIX TIMES would say.