Profit growth forecast for S&P is 11x faster than any GDP expansion; New record

Discussion in 'Wall St. News' started by ByLoSellHi, Oct 12, 2009.

  1. The profit growth forecast for S&P 500 companies by analysts for 2010 is 11 times faster than the expansion in U.S. gross domestic product projected by economists surveyed this month, the highest ratio on record, data compiled by Bloomberg going back 60 years show. The average ratio is 6.1.