2019-6-25 04:35 |
Stock prices follow earnings growth. The stock market reflects earnings expectations. That’s why analysts are concerned that the Q3 earnings forecast for the S&P 500 is for a decline of 0. 3 percent, according to Factset data cited in CNBC.
Declining earnings imply declining stock prices. Earnings Growth Going the Wrong Way Because Q2 earnings for the stock market are coming in negative – and Q1 did also at -2. 3 percent – there is growing concern about the stock market’s valuation. That’s with good reason. The stock market is presently the second most expensive in history and overdue for a big
The post Falling Third Quarter Profits Could Trigger Overdue Stock Market Crash appeared first on CCN Markets
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