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Pension Facts: Why The Hit to Earnings and Cash Flow Is Upon Us

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Despite this past week’s 3.4% earnings-related stock rally, as of this writing, the S&P 500 Index is just near break-even for the year.

I bring up this unfortunate news as we are about to close out another month for the calendar year 2010, now 58% done.  By August end, the year will be two-thirds over, and so will vacation time.

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