There is an old saying on Wall Street that earnings are the lifeblood of the market. Stocks are apt to follow earnings, both up and down. As the chart below illustrates, operating earnings during the dark days of the great recession plummeted to $39.61. This sent the broad market index spiraling downward to 676, its
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#RecordHighs
The 2009 Secular Bull Market is now up 1,477.31 points, that is, 218% from its “great recession” low.
read more #RecordHighsHappy Birthday, Joe!
Joe Donadio is 1DB’s modern day Yogi Berra.
read more Happy Birthday, Joe!Becoming an Entrepreneur – Start with Desire
I started numerous businesses over the past 30 years. Each of these startups was classified as a small business – under 500 employees and less than $7.5 million in revenue. The largest company was 1DB.com, a financial services company, which I started from scratch and grew to $20 million in sales at its peak; it
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