Tag Archive for Remainder

Euro crisis hits Global Profits says Bloomberg, but June US tax collections hit 4 year record

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 4 year record. Europe’s debt crisis is putting pressure on corporate earnings globally with companies from Procter & Gamble Co. (PG) to Danone (BN) cutting forecasts and signaling profits will…

The “What Could Go Wrong?” Market – Professional Edition

6 month cycle indications continued to strengthen on Monday as short term cycles re-accelerated. A number of ETF charts have reached or are threatening key long term moving averages indicative of the state of the 4 year cycle. A minority have already broken above those levels. Now it’s a question of whether most of the…