May 16, 2011

Corporate Earnings Growth Will Likely Disappoint Next Year

Corporate earnings growth will likely disappoint next year because of rising commodity prices and slower-than-expected economic growth.

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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