Global Earnings Recession All But Certain As World Trade Weakens
by Adem Tumerkan via Palisade-Research.com
ZeroHedge.com
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