Saturday, March 25, 2017

Earnings Optimism Q4 2016

It seems the near recession in 2016 has ended.  It has been a long time since trailing 4 quarter earnings have exceeded $100 per share.  The projection for the first quarter of 2017 does push the trailing 4 quarters above $100.  We shall see.



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It is not surprising that all economic indicators had turned down when you see this slump which started in the 4th quarter of 2014.  It took the stock market since then, after several serious down turns, to return to a new high all the way to 7/11/16.  It was a year and a half of no growth in the stock market and a slump in the economy.

I am not making any forecasts from here.

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