The recession has bottomed and Q2 earnings will probably beat estimates, Laszlo Birinyi says, predicting the S&P 500 will soon resume its powerful ascent. Since Birinyi predicted S&P to 1,700 within 2-3 years in May, the index is down 0.5%. [View news story]
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I want some of whatever this guy is on.
Jul 07 15:03 pm
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All Comments by Chris S »The recession has bottomed and Q2 earnings will probably beat estimates, Laszlo Birinyi says, predicting the S&P 500 will soon resume its powerful ascent. Since Birinyi predicted S&P to 1,700 within 2-3 years in May, the index is down 0.5%. [View news story]