If history has taught us anything, it is that recessions have followed consecutive quarters of earnings declines 81 percent of the time. This is according to analysis from JPMorgan Chase strategists, who based their findings on over 115 years of records.
After corporate profits turned negative mid-2015, Wall Street and investors everywhere are wondering whether this a passing phase or a sign of something worse to come…
The all comes at at time when the stock market is hovering around correction territory and a mixed economic picture. Unfortunately, the news continues to get worse. Read more HERE.
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