Corporate earnings growth will likely disappoint next year because of rising commodity prices and slower-than-expected economic growth.
Related ETF`s: SPDR S&P 500 ETF (NYSE:SPY), iShares Russell 2000 Index (ETF) (NYSE:IWM), ProShares UltraShort S&P500 (ETF) (NYSE:SDS), ProShares UltraShort QQQ (ETF) (NYSE:QID), SPDR Dow Jones Industrial Average ETF (NYSE:DIA)
So far things have been great. Companies have slashed costs. But on margins and sales things are going to be more difficult from here. Fifteen to twenty percent growth in earnings next year is frankly farfetched. - in the SkyBridge Alternatives Conference in Las Vegas
