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Jul 03 2009
Stock Market

Room For Global Earnings To Fall Further?

  • Jul 3, 2009

Even after a decline in global earnings of 46%, they could experience another 15% decline before reaching the bottom of the 40 year trend channel. It doesn’t look like last quarter’s stock market bottom means that an earnings bottom is imminent.

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Earnings MSCI World Index

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

Doug Ramsey Chief Investment Officer & Portfolio Manager

Doug is the Chief Investment Officer of The Leuthold Group, LLC, and Co-Portfolio Manager of the Leuthold Core Investment Fund and the Leuthold Global Fund.

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