Stock market crash: Weak profit growth and recovery risk a new plunge - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The stock market is rebounding without the most important ingredient it needs for long-term gains — and one quant chief warns it's a setup for another crash

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

The consensus forecast among analysts is that by the end of 2021, profits will be growing at nearly the same rate as they were in late-2019. In particular, Lapthorne is skeptical of the "perfect" recovery that is reflected in real-time consensus forecasts for earnings, the biggest long-term driver of stock prices. Data he compiled shows that analysts expect global profits to fall by 21% this year and then rise 21% in 2021.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you want to make money, get into oil stocks first... Don't believe lies!!! Let the companies keep losing a little cause thats only temporary short-term squeeze.

Market is rebounding and it will go further if I show them they lose nothing ... No one loses anything if big guys keep buying stocks especially oil company stocks.. if you don't have faith in them, they collapse!!! Buy VAL Valaris! first!!! HedgeFundSec iimag

Maybe we could try to Rigatoni the Elections!!!!!!!!!!!! 2020 starting like next week or something

sweet drop that IV on those options before it dumps

do not touch your nose, it's cina virus outbreak

Got Wash

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market crash: Why the recent rally is a trap, 57% drop coming - Business InsiderA renowned market bear says stocks are setting classic trap before another steep plunge — and says the market is at risk of a 57% drop from current levels But in the long-term markets will get up again. Short sellers benefit from a falling market. Enough said A “market bear” predicting it to go down? Well that’s what a bear does. Traditional technical analysis hasn’t been very effective. The technicians are frustrated these days. Many were saying we’ll retest the lows.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Here's what happened to the stock market on FridayStocks closed higher as oil extended its rebound from historic lows, but still posted their first weekly loss in three. Lemme guess, it went up for no particular reason? Or maybe they invented a reason, like the solution for eliminating the virus from our “stable genius” - A daily dose of UV light with Clorox! Cramer started yelling nonsense .. bell rang .. Sarah in need of haircut.. etc..
Source: CNBC - 🏆 12. / 72 Read more »