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Wednesday, July 14, 2010

Economy OK for Most People

Getting down to cases.
We hear a lot of bad cases. Those stories happen all the time regardless of economic cycles.
Even in the Old Testament they knew about cycles. Store your grain for seven years so you will have enough food during a drought.

Anyway
Coca Cola is a good case of a company doing well rain or shine.
Per share earnings

2007 $2.70
2008 $3.15
2009 $3.06
2010 $3.45 (predicted)

So earnings up 17% then down a little but 2009 is still 13% higher than 2007 and 2010 is predicted to be up again and may be 27% higher than 2007.

So here is a case of the economy being OK for a big company.
Doom and gloom sells papers but it is not the truth. The economy is OK for most people!

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