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To: Return to Sender who wrote (4072)2/10/2015 9:31:26 AM
From: The Ox  Respond to of 8239
 
I fully understand why someone would view the situation in a fashion like the author of that article on earnings recession.

Way too many factors included where I believe he's making faulty assumptions. Any one of them is not as big a deal overall but when you add it all up the way the author does, it's not surprising he's expecting a correction in the market at this stage.

My largest concern for the market is top line growth in revenue but it's being offset by buy backs and tempered spending which increase earnings. I think this will continue for a bit longer.

The OX, more cautiously optimistic than that author.......