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    Time to look again at earnings expectations



    3 views Earnings expectations are racing ahead of the underlying growth in GDP according to Saxo Bank Chief Equity Strategist Christian Blaabjerg in this month's Equity Strategy Outlook. The increase in earnings from 2009 to 2010 is expected to be 30% and the earnings expectations for 2011 in S&P500 is now 94 USD per share leading to an expected increase from 2010 to 2011 of 21%. "We find these expectations too optimistic," he says.