Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a…
Bloomberg link
Excerpt:
Former Federal Reserve Chairman Alan Greenspan said U.S. stocks offer good value and are likely to rise as corporate earnings increase over time.
“Stocks are very cheap,” Greenspan said today at the Bloomberg Washington …
Saturday, September 03, 2011
It’s *Not* Regulatory and Tax Uncertainty
Gary Burtless explains why the complaint from conservatives that regulatory and tax uncertainty is holding back the economy doesn’t make sense (via email):
A couple of hours after…
Aug. 16, 2011, 12:06 p.m. EDT
Corporate profit outlooks will worsen: survey
But 42% of investors think global recession won’t happen this year
By Dawn Lim, MarketWatch
NEW YORK (MarketWatch) –– Investor sentiment has taken a sharp turn in the …
May 18, 2011
Note from dshort: Recent guest contributor Ed Easterling of has posted an updated report on his Crestmont Research website. I consider it “must” reading for anyone whose investment strategy is influenced by the direction of corporate e…
A potential double dip recession was a large concern a year and a half ago. There was a belief that the deep economic downturn of 2008 and 2009 could not generate enough momentum for an even modest recovery. Then, the unemployment rate started to fa…
In both late 1999 and 2007 we warned against the mentality that caused investors to overlook the dire-looking events that were swirling all around them. The warnings were generally ignored on the grounds that you couldn’t fight against a market tha…