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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (119982)	9/6/2012 3:19:51 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

It's a good number, but there's a problem in paradise. Do we focus on up and down variation in month to month numbers that are lagging indicators, or do we look at the trend of leading indicators? I'm worried about the trend among the job creators, which is a leading indicator for future employment. Check this out: Earnings Recession? By Barry Ritholtz - September 6th, 2012, 12:30PM Click to enlarge: Source: Bloomberg Markets are screaming higher today on the prospects of ECB/FOMC action. The concern whent hat wears off is what ahppens with Q3 & Q4 profit. UBS chief U.S. equity strategist is concerned about an “Earnings Recession” coming to the US, as illustrated in the chart above. The Standard & Poor’s 500’s non-financial companies slipped in Q2 and may drop again in the next few quarters. What concerns Golub are potentially the first back-to-back declines since 2009, according to his data. “It’s very hard for the market to move forward when earnings aren’t progressing,” he wrote. His 2012 estimate or the SPX is 1,375, or 2.1% below yesterday’s close. His SPX earnings estimate is $102.50 a share for 2012, and $107 for 2013.