Let’s hear from a semi-legit news source about this recovery”

By Daniel at 8 November, 2009, 11:19 pm


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US companies beat quarterly earnings forecasts (www.ft.com)

More leading US companies have beaten their third-quarter earnings estimates than in any quarter for more than 15 years, according to Thomson Reuters.

BUT ANALYSTS SAY PROFITS ARE CONTINUING TO RISE FASTER THAN REVENUES - DUE TO COST CUTTING -COULD BE A SIGN THAT WALL STREET IS HEADED FOR A DOUBLE DIP RECESSION!!!

READ ON:

http://www.ft.com/cms/s/0/f7b726b6-cc94-11de-8e30-00144feabdc0.html


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Categories : Market Outlook


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