throwawaitnine t1_iujwip9 wrote
Reply to comment by dc122186 in Editorial: Better bet: Despite turbulent Senate race, Oz better prepared to lead by User_Name13
The only company on this list that is recording record profits is XOM. Oil is a commodity and Exxon mobile does not control the price of that commodity. They are a publicly traded company with a legal fiduciary obligation to their shareholders, I am one btw, and they can't choose to sell their products below market price.
The rest of the companies you listed are all reporting earnings less than earlier this year or mid 2021. It might be hard to believe but at the beginning of this year the Fed was still buying securities.
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