Global Earnings Recession All But Certain As World Trade Weakens

Thursday, June 14, 2018
By Paul Martin

by Adem Tumerkan via
Thu, 06/14/2018

Markets have rallied into summer. The mess in Italy – which hasn’t resolved itself at all – is yesterday’s news.

Within the last two weeks, the VIX is down 35% – investors’ fears are essentially gone.

If you turn on CNBC, you’ll see that the U.S. ‘goldilocks’ economy’s intact, and big names like Larry Kudlow – Trump’s Top Economic Advisor – stating that the U.S. could hit 5% growth.

But, if you take the contrarian approach and do some digging yourself, you’ll see things are deeply troubling – especially with global earnings. . .

The Rest…HERE

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