Duude

Ten Most Prominent Underperformers in Corporate America

I must say its ironic that 'the highest proportion of upside surprises since Thomson Reuters started tracking the data in 1994' coincides with one of the largest one year drop in S&P 500 revenue. This only reflects speedy cost cutting through immediate layoffs pointing to a universal conclusion that a recovery wasn't perceived back when these companies laid off their workers. Has anything changed? Nope! Who beside the government is going to kickstart a hiring phase when 10% unemployment spells a stingy consumer? Can the government hire everyone? They may foolishly try.