Shrinking Profit Prospects Add to Threat for Stocks

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Shrinking Profit Prospects Add to Threat for Stocks
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More companies caution the coronavirus will reduce their results or make them difficult to predict

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The market just endured its most brutal week since the financial crisis, with the S&P 500 and other major U.S. stock indexes recording their largest weekly percentage declines since fall 2008. And there are few signs the economic fears prompted by the spreading coronavirus are about to subside.

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GreenMonsterah Most companies were using 105% of cashflow to buyback shares and few in the media warned about how utterly insane that was. Oops 😉

As my current pension already precariously blows in the wind ...

Not hard to predict, most if not all will not be profitable and most will go bankrupt

We covered parts of this as well on CNBCTV18Live a few days ago

Duh

_anishaj Why don't you ask them to drink Gatorade?

From Continue/ In addition, two additional 'corona virus 19 confirmed patients' were found in Cheongdo-gun, Gyeongsangbuk-do, South korea ... Total '53 people (20 people a day in Daegu and Gyeongbuk) 2020.02.20. news/ The punishment

Why wouldn't they caution, even if the coronavirus was going to have no effect? Coronavirus is a free pass for poor performance.

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