http://www.ritholtz.com/blog/2008/12/analysts-cling-to-hope-of-revival-in-09/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 23:06:20 +0000 hourly 1 http://wordpress.org/?v=3.0.5 http://www.ritholtz.com/blog/2008/12/analysts-cling-to-hope-of-revival-in-09/comment-page-1/#comment-135634 KJ Foehr Thu, 25 Dec 2008 02:39:40 +0000 http://www.ritholtz.com/blog/?p=13745#comment-135634 Even if earnings do grow in some industries, multiple compression will squash them, IMO, FWIW. Even if earnings do grow in some industries, multiple compression will squash them, IMO, FWIW.

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