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Corporate Profit Squeeze Looms, Threatening Stocks’ Climb

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The stock market has been on one of its strongest runs in two decades, but a looming pullback in earnings poses a threat to its rise.

Dozens of companies have slashed their profit forecasts for the first quarter. Walgreens Boots Alliance Inc. last week became the latest big company to cut its full-year profit forecast as a result of challenging market conditions, joining corporate powers such as Apple Inc.

, FedEx Corp. and 3M Co.
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The markets mean far less today to most Americans who are struggling

Thank you POTUS TRUMP. .he has the economy moving forward

Talk to your buddy Trump and tell him. We know the economy is slowing and will get worse due to Trump’s idiotic ideas related to the manipulation of Obama’s financial strategic plan.

Toss them another 2 trillion of our taxes back at them. That oughta hold them off till after elections.

Approaching election time is usually good for equities. Not so good news in economy likely not to stop equities, any pullback is temporary and routine. Over time cash is a wasting asset due to inflation & Fed wont want deflation, more likely sidelined cash moves to equities...

tradnews_ People with inferior talents give inferior advice and you get inferior results.

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