Briefing.com's Patrick O'Hare predicts a strong first half, fueled by more strong earnings....

|By:, SA News Editor

Briefing.com's Patrick O'Hare predicts a strong first half, fueled by more strong earnings. Massive cost-cutting in late-2008 and 2009 will offer companies "a good deal of operating leverage that can lead to double-digit profit growth with only modest increases in sales. By way of example, S&P operating earnings for Q4 are projected to spike 203%, while revenue growth is expected to be up just 7%."