Market needs a deep rate cut to prevent an earnings recession, James Bianco says

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A deep rate cut is required to battle ugly earnings trend, James Bianco says (via TradingNation)

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.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

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

TradingNation

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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