Bill Ruh – Senior Vice President, Chief Digital Officer, Chief Executive Officer of GE Digital There will be more processing on the end than in the cloud “Predix. I know you would like me to go into depth on all … Continued
Jon Moeller – Vice Chairman and Chief Financial Officer Digitizing/automating manufacturing operations “We are digitizing our manufacturing operations and automating with robotics. We see opportunity for an additional $1 billion of savings from transportation, warehousing and other costs of goods … Continued
ECB President Mario Draghi The ECB has not discussed normalization “You asked me about normalisation: was it being discussed? The answer is no.” Rates not expected to go lower “if you ask me now, “What do you expect?” I would … Continued
Generally: “…the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have moderated but have been solid..the unemployment rate has declined. Household spending has picked up in recent months, … Continued
Gordon Smith – Chief Executive Officer of Consumer & Community Banking Growth in credit across the ranges “…everything that we read in the numbers we feel comfortable that we will get paid for taking that extra risk. We are going … Continued
Kathleen Quirk – Chief Financial Officer Copper prices have recovered, but not enough to incentivize new supply “You’ve seen a recovery in copper, beginning last fourth quarter of 2016. We’ve been in a period of time where copper was in … Continued
Denise Johnson – Group President, Resource Industries We are seeing a good solid recovery in mining “So, I talked a little bit about the recovery. We are seeing a good solid recovery from a really low level. If you see … Continued
Each week we read dozens of transcripts from earnings calls and presentations as part of our investment process. Below is a weekly post which contains some of the most important quotes about the economy and industry trends from those transcripts. … Continued
Cristiano Amon – EVP of QUALCOMM Technologies The smartphone took away the entire portable consumer electronics industry ” mobile is so big of an industry, the smartphone is so big of an industry that the point it became the new … Continued
Alex Gorsky Healthcare makes up 20% of the US economy “healthcare now makes up almost 20% of the economy in the U.S.; about 10% in a lot of the other major economies around the; world given demographics, 65 plus population, … Continued