Market researcher James Bianco believes Wall Street is teetering closer to an earnings recession.
"The estimates for the third quarter are somewhere just below zero. This is not earnings growth. This is just struggling to stay at zero," the Bianco Research president told CNBC's "Bianco is building his case on an ominous trend in the current quarter's S&P 500 earnings expectations.
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TradingNation Stop printing our money and propping up the market. Let rates rise and clear out the excess and zombie corporations. bassackwards
TradingNation Oh yes, deep rate cut to keep the bloated wall st going so his and his super wealthy keep maximizing their highway robbery. That way, their trump stays in white house to give them even more, geez
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