) will kick off the reporting season on Tuesday, with analysts expecting an uptick in trading revenue to be offset by declines in other businesses and a bleak outlook for the rest of 2020.
Overall, earnings for S&P 500 firms are expected to tumble 9.0% in the first quarter, compared with a Jan. 1 forecast of a 6.3% rise, before plummeting 20.7% in the second quarter as sweeping lockdowns halt business activity and spark furloughs. “The raft of stimulus from the Federal Reserve has distorted stock prices, which have become disconnected from fundamentals. Combined with the bleak second-quarter data expected to come this month, there is definitely room for more downside,” Cohen said.
TSLA is up $57... many others are also up this morning. Hardly a massive tumble.
Wall Street has $$$ - please take care of all Americans - Happy Easter 🐥
Thoughts and Prayers.
Wish the poor could somehow help these investors stay wealthy.
realDonaldTrump
Investors get returns not earnings.
Good.
agreed From
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Dow slips 300 points as investors brace for first earnings season under coronavirus | Markets InsiderUS stocks slid on Monday after the S&P 500 completed its best weekly gain since 1974. Investors worry about the earnings reports set to detail the extent of the coronavirus' hit to corporate profits. A safe vaccine is thought to be 12 to 18 months away, while who emergencies director...COVID2019 coronavirus Hydroxycloroquine Points are pointless. What's the %?
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Bank Stocks Are in a Ditch. Earnings Won’t Change That.When U.S. banks report first-quarter earnings this week, investors will get the best impression yet of how the coronavirus pandemic is weighing on the U.S. financial sector. thanks asshats who profit either way Poor things Or losses?
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In Pictures: America, Closed For BusinessFrom Wall Street to the Silicon Slopes, portraits of a frozen spring through the lens of seven photographers. It's sad. WELL DONE! It really is very empty isn't it? What's delaying the cure for corona Why this politics with people's lives
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In Pictures: America, Closed For BusinessFrom Wall Street to the Silicon Slopes, here are some portraits of a frozen spring through the lens of 7 photographers: It’s a pity and sad to see a vibrant great city like NewYorkCity to be so empty! I have a picture from last summer, exactly from the same place and it was full of people. Hopefully better times will come! A lot of movies like Contagion,Heroes,The Last Ship predicted scenes like this,but we didn't listen The bulls will come back ..!🎯
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