NewsFeeder
02-22-2019, 06:14 AM
Despite the market comeback this year, traders worry an earnings decline will kill the bull market
First quarter earnings are expected to decline by 0.7 percent, according to Refinitiv, and second quarter earnings are expected to be up just 3.4 percent. Last year's 6.2 percent decline in the S&P 500 is being hailed as proof that the market has sniffed out an imminent drop in earnings. In the S&P 500, roughly 40 percent of earnings are earned outside the United States, so when we see no growth in Europe, and a slowdown in Asia fueled by weaker growth in China, that is clearly an influence on U.S. multinationals.
https://finance.yahoo.com/m/dc6d219a-a268-36a0-98f1-0e31e3503a70/despite-the-market-comeback.html?.tsrc=rss
First quarter earnings are expected to decline by 0.7 percent, according to Refinitiv, and second quarter earnings are expected to be up just 3.4 percent. Last year's 6.2 percent decline in the S&P 500 is being hailed as proof that the market has sniffed out an imminent drop in earnings. In the S&P 500, roughly 40 percent of earnings are earned outside the United States, so when we see no growth in Europe, and a slowdown in Asia fueled by weaker growth in China, that is clearly an influence on U.S. multinationals.
https://finance.yahoo.com/m/dc6d219a-a268-36a0-98f1-0e31e3503a70/despite-the-market-comeback.html?.tsrc=rss