Kudlow’s Money Politics

A Look At Earnings

Here’s an interesting way to look at the latest crop of earnings:

If you take out financials and consumer cyclicals, you’re left with a 13 percent increase in the other eight sectors of the S&P 500. In other words, while housing & subprime are weak and remain a problem, the rest of the economy and the rest of earnings are doing great.

Larry Kudlow — Larry Kudlow is the author of JFK and the Reagan Revolution: A Secret History of American Prosperity, written with Brian Domitrovic.

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