There’s been a fair amount of commentary on the ‘low’ earnings numbers for 2009. It’s generally assumed that the severe earnings decline expected in 2009 cannot possibly be good news for the equity markets. Here’s how the earnings have been trending (data courtesy investorsinsight.com).
To read the full article, please visit: http://financialjoyride.blogspot.com/2009/05/do-earnings-lag-price-bottoms.html Conclusion:Declining earnings estimate numbers don’t necessarily imply lower equity valuations and price declines. The earnings decline might already be priced in. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
