How to Find Sustainable Earnings in Stocks

Growth stocks had a tough go of it in the mid to late sixties. The dow jones industrial average wouldn't rebound for another 15 years. Steve says earnings are harder to manipulate and focus on cash flow. Jim cullin from shafer cullen capital management runs a fund called high dividend value equity, alongside partner jenifer chang. He tries to pick at least two companies in every sector for diversification. Jack asked him one last question about the future of the stock market. Jim: We still have this sense of optimism that we can do great things next 20 or 30 years. But everything in news after crisis takes a certain amount of optimism.