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Thursday, August 18, 2011

The Onion Daily Dispatch - August 18, 2011

The Onion

Study: 96 Percent Of Humans Would Rather Be Animatronic Bear 08.18.11

CHARLOTTESVILLE, VA—The University of Virginia published the results of an extensive 18-month study Wednesday revealing that 96 percent of human beings across the planet would strongly prefer to be a singing, dancing animatronic bear. The UVA resear...

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Report: Apocalypse Actually Happened 3 Years Ago

American Voices »

1 In 3 Twentysomethings Have Faked Calls

“What I really hate is when they try to fool you by pretending their hand is a phone.”

opinion »

Somebody's Got to Save This Country From Certain Doom, And Let's Face It, That Person Is Me

Congresswoman

Our country faces a moment of extreme crisis. We stand at the verge of an utter breakdown of our economy, our government, and our way of life.

Radio News »

U.N. Factoid Finding Mission Discovers Liberia About The Size Of Tennessee

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Horoscope »

Aries Mar 21 - Apr 19

Your life will soon cross the line from comedy to tragedy, sending an entirely different group of people into gales of laughter.

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What Happens To Stocks If Profits Don't Collapse?


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Thursday, August 18, 2011
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What Happens To Stocks If Profits Don't Collapse?

The market is behaving as if a severe recession is in the offing.

But what if it isn't?

What if this is all about a European panic that can be solved?

Citigroup has looked at what stocks typically do after a 20% correction that don't see a subsequent earnings collapse.

Basically, stocks will rise, by at least 20% on average, over the coming 12 months.

It could even be as high as a 40% gain.

Again, this is assuming the economy doesn't collapse. The latest data out today is not reassuring. Read »


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