Fred Voetsch

The Most Significant Green Shoot Starts to Wilt

On May 14 04:00 PM Cetin Hakimoglu wrote:

> What's wrong with presenting an alternative viewpoint? There is too
> much negativity about the stock market. Most people don't understand
> how macro economics work.


So you're changing your name to "Most People"?

If you do understand macro economics, Cetin, what's the P/E of the S&P 500 using the historically relevant "as-reported" earnings? What is the estimate for future earnings and P/E ratios as provided by S&P? This is absolutely basic data that any investor or macro economist must know.

Explain why we should be using "as reported" earnings instead of operating earnings?

Given the current rate of unemployment growth, what can we expect the unemployment rate to be by the end of 2009?

What is the trend average of the DJIA at this time and what data would you use to determine it?

Explain why consumption is declining at this time and how long you expect this trend to continue?

Explain how the national savings rate affects the economy and stock market as it rises quickly and why it might rise rapidy. Show the trend for the past few decades and provide insight into what the trend going forward might be based on historic data.