Zacks Earnings Trends Highlights: AK Steel, Dow Chemical, United Health and Valero

- May 24th, 2011

Zacks Research Equity Strategist, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink.

Zacks Research Equity Strategist, Dirk Van Dijk says that S&P 500 earnings are continuing to show red ink.

The press release is quoted as saying,

Furthermore, commodity prices have just fallen sharply, so we might start to see some relief very soon. Core inflation remains very low, up just 1.3% over the last year. This fear of phantom inflation is keeping further monetary easing off the table for bringing down unemployment. Because of the deficit, fiscal policy is also off the table, even though those who seem to scream loudest about it are unwilling to raise an extra nickel of tax revenue.

http://www.prnewswire.com/news-releases/zacks-earnings-trends-highlights-ak-steel-dow-chemical-united-health-and-valero-122499253.html#mce_temp_url#

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