Surveillance: Stock Picking with Emanuel
Bloomberg Surveillance
00:00
Earnings and Profitability Dynamics of American Corporations
Stephen Whiting is chief investment strategist and chief economist at City Global Wealth. He says it looks like the fourth quarter was the recession, and here we are sitting in the recovery. But if you really take a look at the estimates, they fall at a 15% annualized rate in the quarter past. This is like a setting a hurdle that a toddler could leap over.
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