Risk of earnings recession rises, as S&P 500 profits to fall for first time in 3 years

in stock •  last month

The warning signs for a recession might be flashing a little brighter now.

For the first time in three years, the earnings of the S&P fell during the first quarter.

This is followed up with the second quarter forecast turning negative for the first time. Guidance is being cut by many companies as a series of headiwnds face them.

Trade continues to be a major problem along with the slowing global economy.

One thing that could help the market is the fact that investor expectations are low which could further fuel the bull market. Many are predicting that, if a recession is to hit, it will not be until 2020.

recession.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

About 121.09$ has been spent to promote this content using Steemium

Thanks for using @edensgarden!

You got a 40.65% upvote from @brupvoter courtesy of @steemium!

You got a 55.18% upvote from @bid4joy courtesy of @steemium!

You got a 39.26% upvote from @spydo courtesy of @steemium! We offer 100% Payout and Curation.