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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (71019)11/26/1999 11:53:00 AM
From: Freedom Fighter  Respond to of 132070
 
Les,

Since the S&P500 gets a larger percentage of its earnings from overseas than the US as a whole, that in part accounts for the good S&P500 profit growth. It's consistent with the Commerce data. Second, last year's second half was pretty much a horror show for a lot of companies. This year represents a rebound from depressed levels for some industries.

Wayne