Looming Earnings Season Offers Next Test for Rebounding Stock Market

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“We haven’t really seen markets reflect the full extent of the damage that coronavirus is having to corporate profitability,” one strategist says

Those results will offer a test for a stock market that is attempting to rebound after a bruising selloff. The pandemic is expected to cause a severe economic contraction and a sharp decline in corporate earnings in 2020.

What remains unknown is the extent of the damage.
 

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A wonderful money origami, hope it works for ⋯ for me🍀^_^🍀

Scare tactics again. Are you afraid ? Ask yourself why is this different from all the other things that can kill you ? Afraid, you are weak.

He forgot to add '... or to the public.' Oh, wait -- this is WALL ST., where they celebrate job loss and income inequality. My mistake....

Fuck corporate profits, at least until there are no more mass graves, and nurses without PPE.

Due to social distancing I will not be able to attend the funeral for corporate profitability. Passing along my condolences.

We shouldn’t give 1 penny to corporations over 250 employees.

Wall Street is whistling past the graveyard, literally.

with the tax cuts, deregulation, the stimulus package and more to come, corporations may take a bit but they are well insulated or at least should be. if not they lack competent management.

The desire to increase corporate profit year after year is the reason things like price gouging on insulin is allowed.

Fake News

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