Salient to Investors: Joseph Tanious at JPMorgan Funds said everyone is trying to figure the Fed – strong data reinforces the Fed message of the past few weeks and justifies the tapering of QE, while weak data makes people think the Fed is going continue QE a bit longer, with
READ MORE... →Salient to Investors: 48 of the 67 companies reporting earnings exceeded analysts’ estimates S&P 500 earnings are expected to exceed $1 trillion in 2013, 31 percent more than when the index peaked. The S&P 500 P/E is 9.8 percent below the 6-decade mean. Analysts predict S&P 500 earnings will rise 8 percent
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