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.
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
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Источник: WSJ - 🏆 98. / 63 Прочитайте больше »
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Источник: CNBC - 🏆 12. / 72 Прочитайте больше »
One market analyst says a stock pullback 'may lie directly ahead'Canaccord Genuity's major indicators are approaching levels they were at right prior to or during the market correction in May, suggesting a market pullback is coming. another market analyst says it might not be Stocks a bit over bought. But how big a pull back? If I had a basis point every time you all ran this headline, I’d out perform the market like my last name was Buffett. Any analyst could say this at literally any moment of any day and be no less right or wrong. Perpetuating the fear game to drive up trading revenues as usual.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »