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Equity News - Wall Street faces Profit recession As Earnings Season Begins

Discussion in 'Stock Market Discussions' started by Harish, Jan 11, 2016.

  1. Harish

    Harish New Member

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    Free Equity Tips - Wall Street's fourth-quarter earnings season that gets under way next week could confirm something many investors may not want to hear: the U.S. economy may be doing well but corporate profits are in a recession.An earnings recession - two quarters of declining profits - would be led by the usual suspects, energy and materials companies. But its severity may depend on consumer discretionary companies, which have been warning about profits at an unusual pace.
     
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