Earnings Estimates Will Have To Come Down!
Posted on June 02, 2011 at 09:29 AM EDT
Thursday, June 2, 2011. 9:25 a.m. Corporate profit margins are near record highs, usually a cautionary situation by itself. And Wall Street is forecasting still higher S&P 500 earnings ahead. Until this week Wall Street economists had been in a similar see no problem mode for the economy. In spite of GDP growth declining to [...]