Closed-End Fund Commentaries
Mar 21, 2017
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View from the Observation Deck
1. Today's blog features corporate earnings projections for 2017 and 2018. We provide updates on an ongoing basis.
2. The 75.56% plunge in the price of crude oil from the close of 6/20/14 through 2/11/16 resulted in a sharp decline in the earnings of energy-related companies in 2016. The 82.11% rise in the price of crude oil from the close of 2/11/16 through 3/27/17, however, projects to a triple-digit rise in earnings in 2017 (see chart).