Garry

Why Don't Earnings Matter Anymore?

Thanks, Trader Mark. Appreciate the info. I'm very surprised that coal companies trade at such discount. And fertilizer companies growing that fast. Sometimes you can dig in and find reasons why the PE is so low, like 1 time earnings boost, or future looking dimmer than the past.

CAT, BUCY also trading in the single digit PE (forward).

What do you think about sector rotation? What's it time for? Heavy equipment made it thru the first half, only to suffer their own hit last few weeks.
Thanks again Trader.