tag:blogger.com,1999:blog-11027528911364475.post5636198081231110425..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Earnings Jump... Cause for Economic Concern?Jakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-11027528911364475.post-29074938067020826462010-07-12T08:36:02.337-07:002010-07-12T08:36:02.337-07:00Anonymous is right, Jake. Uncertainty is the enem...Anonymous is right, Jake. Uncertainty is the enemy of business investment. <br /><br />Business owners/managers are asking: "Twelve months from now...<br />-"what is Obamacare going to cost me?"<br />-"what is my tax rate going to be (i.e. will the Bush tax cuts be extended)?"<br />-"will I be slapped with a large carbon tax and how will that impact my bottom line?"<br />-"will electricity rates necessarily skyrocket (BHO's words-not mine) due to the EPA's threat to back-door regulate CO2?"<br />-"will by shop be unionized through Card Check, thereby increasing my labor costs?"<br /><br />I am a business owner and I would go one step further than Anonymous. This President and Congress are actually HOSTILE to business.RichmondG30https://www.blogger.com/profile/15406119391866964600noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-85082001971141114942010-07-08T19:45:17.462-07:002010-07-08T19:45:17.462-07:00Good note on the 20-year high. So basically, we ar...Good note on the 20-year high. So basically, we are just expecting lower P/Es as the decades pass...Jhttps://www.blogger.com/profile/18116121761413049785noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-77017281835037881622010-07-08T17:01:19.873-07:002010-07-08T17:01:19.873-07:00Best quote on this:
"Geithner's strategy,...Best quote on this:<br />"Geithner's strategy, if you can call it that, reminds us of the shallow management pretense visible in many Wall Street firms. The Chinese and Russians see themselves in the ascendancy and, unlike the U.S., these nations have a vision of where they want to be a century from now. Americans just want to borrow more money."EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-19507478404980900262010-07-08T16:53:48.660-07:002010-07-08T16:53:48.660-07:00steve- trying to think how we can show this. impli...steve- trying to think how we can show this. implied future inflation is embedded within the 10 year yield, so we can use that (forward inflation figures are relatively new).Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-70700467045815575982010-07-08T16:52:47.070-07:002010-07-08T16:52:47.070-07:00anon- are you inferring that under the last presid...anon- are you inferring that under the last president our economy blossomed? i just want to make sure i'm dealing with someone who is as opinionated towards actual failed policy as theoretically failed policy.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-75091828701047016182010-07-08T14:48:58.399-07:002010-07-08T14:48:58.399-07:00Jake - your 100 year S&P500 E/P chart would be...Jake - your 100 year S&P500 E/P chart would be even more interesting if you also showed *real* stock yield (against some inflation metric), or subtract out an investment grade spread. One could argue that a lot of the difference in E/P over time is due to the base interest rate at the time.Anonymoushttps://www.blogger.com/profile/05037715549911352465noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-41940566413872933302010-07-08T12:34:26.988-07:002010-07-08T12:34:26.988-07:00I have an idea why business won't invest. We ...I have an idea why business won't invest. We have a president and congress who are not business friendly. Businesses won't spend money if they can't be reasonably sure of the return. Take energy utility companies for example. Sitting on cash at 0% is way better than investing it in some project that may not be profitable if the cap and trade proposal (apparently next on the presidential to do list after legalizing illegal immigration) becomes reality. Steve Wynn would rather build in Macau than the US, all else equal since the political climate toward business is better. Yikes.Anonymousnoreply@blogger.com