Quincy Krosby, the chief market strategist at $1.4 trillion Prudential Financial, lays out an overlooked economic signal that's historically flashed red months before a full-blown recession occurs.
Investors use revenue as a way to judge individual companies. But if they want to get the full picture, they could also use it as a way to checkQuincy Krosby, the chief market strategist at $1.4 trillion Prudential Financial, says corporate revenue can provide a clear picture of how where the economy is headed. When multiple industries say their sales growth is slowing, she says investors should watch out.
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:
Like what is going to happen later this year ?