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More and more, I'm beginning to believe that a Right Wing mindset is a mental defect
- Thread starter Gabfly1
- Start date
Quote from Gabfly1:
"...Amazingly, as consumers struggle, U.S. corporations are staging a nearly unprecedented comeback that's largely escaping notice. The gargantuan, dispiriting job cuts that seem to dominate the news have also been the spur for an epic resurgence in profits. For 2009, the Fortune 500 lifted earnings 335%, to $391 billion, a $301 billion jump that's the second largest in the list's 56-year history, approaching the increase in the robust recovery of 2003. For last year the 500 raised their return on sales from less than 1% to 4%. That's close to the list's 4.7% historical average."
http://money.cnn.com/2010/04/13/news/companies/fortune_500_profits.fortune/index.htm
This is true from where I sit. We're in the milking phase of the cycle now, where those left after the huge layoffs are now working their asses off while rehiring and pay raises are delayed until conditions are "more encouraging".
Spy corrections are normal, and the earnings was the point being made.
Nothing has shown the correction to be because of a decline in profits...the decline had to do with Europe, Greece, and other factors more than US profits...
But, thanks again for flogging your right wing mental defect repeatedly in public...
Nothing has shown the correction to be because of a decline in profits...the decline had to do with Europe, Greece, and other factors more than US profits...
But, thanks again for flogging your right wing mental defect repeatedly in public...
Quote from Hello:
Spy close april 15, 121
Spy open today 107, only about 11% off......
Discounted their earnings? What are you blabbering about? The article is about surging corporate profits. It has nothing to do with discounting earning streams. Corporate profits due in large part to the job cuts. Yeah, there's a cycle you want to propagate in its present form:Quote from Hello:
Dated april 15, basically at the height of the market..... FAIL!!!!
If you really think corporations are mounting a comeback because they discounted their earnings to the point that a Hobo such as yourself could have beat them, you are an idiot.
"...The gargantuan, dispiriting job cuts that seem to dominate the news have also been the spur for an epic resurgence in profits. For 2009, the Fortune 500 lifted earnings 335%, to $391 billion, a $301 billion jump that's the second largest in the list's 56-year history..."
Quote from Ricter:
This is true from where I sit. We're in the milking phase of the cycle now, where those left after the huge layoffs are now working their asses off while rehiring and pay raises are delayed until conditions are "more encouraging".
We are at the start of another down leg, everyone knows it, you may not be seeing it as much in canada as their economy recovered quickly and certain areas like saskatchewan didnt even see the recession, but the sandp will be sub 1000 6 months from now.
"everyone knows it"
Since the market is a discounting mechanism, if everyone knows it, we should have fully corrected, as people would be buying once "everyone knows it" 6 months out.
Since the market is a discounting mechanism, if everyone knows it, we should have fully corrected, as people would be buying once "everyone knows it" 6 months out.
Quote from Hello:
We are at the start of another down leg, everyone knows it, you may not be seeing it as much in canada as their economy recovered quickly and certain areas like saskatchewan didnt even see the recession, but the sandp will be sub 1000 6 months from now.
Surging earnings as opposed to 2008 you fucking idiot, cause my earnings are up 300% from 1 dollar it does not mean the economy is booming, if you are to thick to understand the concept you do not belong in the market.
Why dont you put your money where your mouth is? If you think that what Obama is doing is good for the economy feel free to buy the piss out of the spys right now.
Why dont you put your money where your mouth is? If you think that what Obama is doing is good for the economy feel free to buy the piss out of the spys right now.
Quote from Gabfly1:
Discounted their earnings? What are you blabbering about? The article is about surging corporate profits. It has nothing to do with discounting earning streams. Corporate profits due in large part to the job cuts. Yeah, there's a cycle you want to propagate in its present form:
"...The gargantuan, dispiriting job cuts that seem to dominate the news have also been the spur for an epic resurgence in profits. For 2009, the Fortune 500 lifted earnings 335%, to $391 billion, a $301 billion jump that's the second largest in the list's 56-year history..."
"More encouraging" indeed. A lot of corporates will continue to go anorexic on the hiring front until they can squeeze the last "increase" in profitability in the short term, irrespective of the longer term consequences to the company. That's because management is generally compensated based on shorter term performance. And so, the longer term is left to fend for itself by all by all but the more forward thinking operations. Well, perhaps it's time some of those unprecedented profits get taxed. I don't think the government should be party to management's shorter term compensatory incentives.Quote from Ricter:
This is true from where I sit. We're in the milking phase of the cycle now, where those left after the huge layoffs are now working their asses off while rehiring and pay raises are delayed until conditions are "more encouraging".