Friday, February 13, 2009

Oxymoron of the Day: S&P Earnings

Calculated Risk details the S&P 500 will report its first ever quarter of negative earnings (expectations are for a loss of -$10 per share).



Even excluding financials the figure is expected to be negative.

Calculated Risk asks:
What is the P/E for that?
Source: S&P

3 comments: