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Earnings Recession On Wall Street?

2016-04-11 06_05_32-Microsoft Office Picture Manager“Fears of interest rate hikes are fading, and stocks are back in rally mode. But there’s a potential headwind looming for Wall Street: a dearth of profit growth plaguing Corporate America.” Today’s article examines the so-called “earnings recession” that has descended on Wall Street: “In the final two quarters of 2015, companies in the broad, large-company Standard & Poor’s 500 index have seen earnings contract — not grow. And analyst estimates for the first two quarters of 2016 also point to negative earnings growth.” What specifically are analysts forecasting profit-wise for the rest of 2016, and why might this year’s profit storyline be “a tale of two halves”? CLICK HERE to read more.