patrick.net

Well earnings continue to slide. I see the recently-released March 30, 2016 earnings per share for the S&P 500. See below EPS for S&P 500. So EPS continues to slide downward since the Fall of 2014. Granted the rate of decline has decreased significantly. EPS decreased from the peak in September 2014 to present day about 19%.

Financial pundits seem to not want to explain all the Fed Reserve can do next is to issue Quantitative Easing #4 since the Feds Funds interest rates is only about 0.5 %. Makes me think if this definition: "A liquidity trap occurs when low / zero interest rates fail to stimulate consumer spending and monetary policy becomes ineffective."

Mar 31, 2016 $87.49
Dec 31, 2015 $88.18
Dec 31, 2014 $105.02