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Earnings are set for their biggest dive since late 2009 — and it gets worse from here

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The S&P 500 index is set to suffer the worst quarter for earnings since the 2008 financial crisis, and it’s likely to get a lot worse because these results will barely show the impact of the COVID-19 pandemic.

 

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Brett

Markets probably priced this news in already. No one will be surprised that earnings will be down no matter how hard the media makes it seem like breaking news.

How much do you get paid to make moronic statements ! Everything is closed and you predict earnings will be down ....WOW WHAT GENIUS ! When the country reopens it will all come back and better .

not to worry! If unemployment does not matter. If full lockout of the economy does not matter. China relations on the brink of collapse do not matter. Why on earth should earnings do!? 🤔

You keep saying that. I’m still investing and watching my portfolio gain value.

Meanwhile, the market rally is in flames

Markets always rally on crappy earnings.....in Bizarro world.

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