Overlooked red flags in earnings mean turbulence for stocks: BNY Mellon

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The overlooked red flags in earnings mean it's time to get ready for stock turbulence, a top BNY Mellon analyst says

Stock investors should get ready for a bumpy ride ahead, as they're overlooking some warning signs of recession in this season's earnings reports, according to a BNY Mellon investment chief.

"I think probably this market is overlooking some of the information that did come through in the earnings season." "So I think you need to be preparing in terms of your asset allocation — preparing for more market turbulence."

 

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