• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Trump says the US should do away with quarterly earnings reports

We have the best markets in the world, and part of the reason for that is the SEC and the Rule of Law, and sensible regulations.

Quarterly reports are the perfect period of time for investors.

And Trump supporters just seem bound and determined to piss it all away. It just doesn't make any sense.
It all makes sense when you realize that Trump is too ****ing stupid to run a casino, let alone a country.

He literally thinks bad things don’t happen if they aren’t published in the news. That’s the level we’re dealing with here.

The real wonder is how he got there.
 

This sounds like a really stupid idea.

Everything Trump does is designed to **** over regular people.

President Donald Trump wants to do away with the quarterly earnings report.

In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.

“This will save money, and allow managers to focus on properly running their companies,” Trump wrote.

Trump asked the SEC to examine the three- versus six-month reporting requirement during his first term. No change was made.

Supporters of the change say quarterly reporting is too costly and time-consuming and discourages companies from wanting to go public. They also say company executives focus too much on hitting quarterly earnings targets and not enough on long-term planning.

--

A report in 2024 from David S. Koo, an assistant professor of accounting at the Donald G. Costello College of Business at George Mason University, said that more frequent reporting often provides more context and perspective for investors who need to gauge a company’s health and prospects.

Koo also said that was the original rationale for the SEC’s policy shift in 1970 that required companies to disclose their financial results on a quarterly basis, rather than on a semi-annual basis. It stemmed from a booming post-World War II economy that then ran into a recession. Companies that were thriving during that expansion were then able to hide their shrinking profits during the downturn, which hurt investors.


“The purpose of quarterly reporting was to reduce that information asymmetry,” Koo said.

--

"LOL MAGA. Your stupid lib SEC with your stupid rules to prevent people from getting screwed over. LOL MAGA"

"SEC AND QUARTERLY REPORTS IS DEEP STATE LIB STUFF LOL MAGA"

"DID YOUR BUY YOUR $DJT YET LOL MAGA STUPID LIB"
If you do not report new cases of covid then they do not exist.
 
I can understand that argument. How do we then avoid the perverse incentives to focus on quarterly returns at the expense of healthier long-term focus?

This is like a super duper complicated problem that I don't think quarterly/annual reports addresses in any substantive way.

I think one way to look at it is that it's okay for some types of companies to have short-term focus. For example, if some company makes pencils, and that's all they do, and they've done it for 50 years, does it really matter they don't have a 5 to 10 year plan? I dunno, maybe not.

As far as encouraging a long-term perspective, so, like if you have a tech company and you want to encourage that tech company to invest heavily in R&D, maybe management performance should not be tied to common shares, but instead tie management performance to special shares that can only be sold after 5 or 10 year periods. Something like that. It's really a tough problem.
 
This is nuts. Why?

Dividends are paid quarterly and at the same time I want to know how the company I invested in is doing.
This is why the American stock market does so much better than the European stock market.
 
He just doesn't want the data coming out on a regular basis.
All it is, is he wants desperately to cover up as much as he can of the upcoming economic failures. He knows what's coming. People need to remember how Trump thinks.

"If we don't test so much, we won't have as many cases". DJT, 2020
 
The failed businessman is telling corporations how and when to disclose financial results.

Amusing.
In a presser just a few minutes ago, he said he was smarter than the entire fed and they refuse to listen to him. He also said the US has taken in over a trillion dollars from tariffs. The actual number as of the end of August is $183.6 billion.

Why does this man believe he can openly lie to the world and get away with it? I guess it's because the media lets him. Not one push back from reporters. He was spewing out so many lies, I had to change the channel.
 

This sounds like a really stupid idea.

Everything Trump does is designed to **** over regular people.

President Donald Trump wants to do away with the quarterly earnings report.

In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.

“This will save money, and allow managers to focus on properly running their companies,” Trump wrote.

Trump asked the SEC to examine the three- versus six-month reporting requirement during his first term. No change was made.

Supporters of the change say quarterly reporting is too costly and time-consuming and discourages companies from wanting to go public. They also say company executives focus too much on hitting quarterly earnings targets and not enough on long-term planning.

--

A report in 2024 from David S. Koo, an assistant professor of accounting at the Donald G. Costello College of Business at George Mason University, said that more frequent reporting often provides more context and perspective for investors who need to gauge a company’s health and prospects.

Koo also said that was the original rationale for the SEC’s policy shift in 1970 that required companies to disclose their financial results on a quarterly basis, rather than on a semi-annual basis. It stemmed from a booming post-World War II economy that then ran into a recession. Companies that were thriving during that expansion were then able to hide their shrinking profits during the downturn, which hurt investors.


“The purpose of quarterly reporting was to reduce that information asymmetry,” Koo said.

--

"LOL MAGA. Your stupid lib SEC with your stupid rules to prevent people from getting screwed over. LOL MAGA"

"SEC AND QUARTERLY REPORTS IS DEEP STATE LIB STUFF LOL MAGA"

"DID YOUR BUY YOUR $DJT YET LOL MAGA STUPID LIB"
I don't know anything about it but I wonder how much of a big deal it is to produce a quarterly earnings report. Sounds like something the kid your accounting department hired last spring could do in a day or two spent in front of a computer.
 

This sounds like a really stupid idea.

Everything Trump does is designed to **** over regular people.

President Donald Trump wants to do away with the quarterly earnings report.

In a post on Truth Social, Trump said securities regulators should stop requiring companies to issue financial reports every three months and instead switch to a six-month reporting period. The Securities and Exchange Commission has required publicly traded companies to report on a quarterly basis since 1970.

“This will save money, and allow managers to focus on properly running their companies,” Trump wrote.

Trump asked the SEC to examine the three- versus six-month reporting requirement during his first term. No change was made.

Supporters of the change say quarterly reporting is too costly and time-consuming and discourages companies from wanting to go public. They also say company executives focus too much on hitting quarterly earnings targets and not enough on long-term planning.

--

A report in 2024 from David S. Koo, an assistant professor of accounting at the Donald G. Costello College of Business at George Mason University, said that more frequent reporting often provides more context and perspective for investors who need to gauge a company’s health and prospects.

Koo also said that was the original rationale for the SEC’s policy shift in 1970 that required companies to disclose their financial results on a quarterly basis, rather than on a semi-annual basis. It stemmed from a booming post-World War II economy that then ran into a recession. Companies that were thriving during that expansion were then able to hide their shrinking profits during the downturn, which hurt investors.


“The purpose of quarterly reporting was to reduce that information asymmetry,” Koo said.

--

"LOL MAGA. Your stupid lib SEC with your stupid rules to prevent people from getting screwed over. LOL MAGA"

"SEC AND QUARTERLY REPORTS IS DEEP STATE LIB STUFF LOL MAGA"

"DID YOUR BUY YOUR $DJT YET LOL MAGA STUPID LIB"
Trump is a thief and a scumbag. He needs to be stopped.

Period.
 
They didn't want to end up like AP.
The only reason anyone ends up like AP is because they chicken out and refuse to fight. Everyone that has fought trump, universities and law firms, has won. Harvard has won most all of it and is still litigating in court. Those that gave in to Trump have ruined reputations.
 
Too many companies focus on pleasing wall street in the short term. That's why many struggling companies go private. They don't like the herd mentality of the markets and having to explain metrics to financial media who are mostly recent college grads who majored in gender studies.
 
Too many companies focus on pleasing wall street in the short term. That's why many struggling companies go private. They don't like the herd mentality of the markets and having to explain metrics to financial media who are mostly recent college grads who majored in gender studies.
This is partially true.

I agree that Wall Street needs to be told to go play in traffic.
 
Too many companies focus on pleasing wall street in the short term. That's why many struggling companies go private. They don't like the herd mentality of the markets and having to explain metrics to financial media who are mostly recent college grads who majored in gender studies.
Oh brother.......
 
Imagine if Obama or Biden canned the BLS chief after a bad jobs report then started whining about quarterly reports & fed policy

Trump & MAGA are such whiners
 
I don't know anything about it but I wonder how much of a big deal it is to produce a quarterly earnings report.

It takes a team of people weeks of work to produce. That's the point. If it were just one intern clicking print on the tps reports, companies would do them daily - hell, European companies can hardly handle doing these reports twice in an entire year.

Might be why their stock market is balls.
 
Back
Top Bottom