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Tim Hope 
Financial Sector an Earnings “Boat Anchor”
Posted by Tim Hope on 9/22/08 12:11 pm
With the disarray in the financial sector, excluding the sector can offer an insightful look at the earnings outlook for the rest of the market. Interestingly, when the “boat anchor” financial sector is excluded, the S&P 500 is still shown to be producing double digit forward earnings growth to the tune of about 10.9%.
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