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For a brief, shining moment, the outlook had been for continued growth in earnings, but global...

For a brief, shining moment, the outlook had been for continued growth in earnings, but global weakness is forcing U.S. firms to cut costs and cut guidance; the ratio of negative-to-positive Q3 forecasts is the most negative since 2001. Analysts now expect Q3 profit and revenue for S&P 500 companies to decline 0.4% Y/Y.
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Comments (5)
  • Michael Clark
    , contributor
    Comments (8862) | Send Message
     
    7 more years dedicated to paying down old debts. Better get used to it. And remember: DEBT = DEPRESSION. Depressions is Debt's shadow.
    30 Jul 2012, 04:00 AM Reply Like
  • WMARKW
    , contributor
    Comments (10471) | Send Message
     
    I am just curious.... When was that "brief, shining moment"?
    30 Jul 2012, 04:27 AM Reply Like
  • quickrick
    , contributor
    Comments (36) | Send Message
     
    2nd quarter
    30 Jul 2012, 05:23 AM Reply Like
  • WMARKW
    , contributor
    Comments (10471) | Send Message
     
    That was a very quick response....rick.
    30 Jul 2012, 05:51 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9966) | Send Message
     
    WM,
    Q2 actual results have been poor for many US equities so far on both the earnings and revenue fronts. It is almost surprising that analysts even acknowledge that in terms of Q3 estimates now.
    30 Jul 2012, 07:01 AM Reply Like
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