Rising interest rates are considered bad for stocks because they raise the cost of doing business and depress corporate earnings and because higher yields make bonds relatively more attractive than stocks to investors.
Of course, the discounting of future earnings should hurt all stocks. But it should hurt technology stocks more than others, because so many of them are valued at extremely high levels relative to their current earnings.
Investors have been too willing to buy stocks with strong reported earnings, even if they do not understand how the earnings are produced.
I was the first in my family to go to college, and I waitressed all the way through, using my earnings to pay for a bachelor's degree first and then a master's. I resented classmates who didn't have to work real jobs, the ones who had the luxury of taking unpaid internships that would eventually position them for high-paying careers.
To be in the UFC and have the name but not the earnings, good for you, you get a hand clasp and a shake and a don't let the door hit you on the way out sort of thing.
One hundred percent of our earnings are reinvested in the company, and a great deal of that goes to research.
If expectations of lifetime earnings drop, then so will spending.
A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings.
China is going to be one of Avon's largest market opportunities. It has a large geographic expanse, with hundreds of thousands of women in small villages really striving to make an earnings opportunity for themselves.
The graduate earnings premium, used by the Tories to justify many of their regressive higher education policies, is fast becoming a myth.
