A Flood Of Profit Warnings Just Crushed The “Earnings Recovery”

by Tyler Durden
ZeroHedge.com
Sep 9, 2016

After what is set to be six consecutive quarters of annual earnings declines – consensus now sees Q3 EPS dropping -2.1% according to Facset when as recently as the end of March, analysts were expecting EPS growth of 3.2% for the quarter – Wall Street has decided that it will take no more of this negativism, and expects S&P500 earnings to soar in the half, as shown in the following Deutsche Bank chart.

The Rest…HERE

This entry was posted on Friday, September 9th, 2016 at 11:40 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.