Traders are holding their breath on evidence of a first earnings recession for three years
Friday, 12 April 2019 · *Global stocks were mixed on Friday morning as traders waited to see whether US bank earnings would fuel market fears of a first-half earnings recession.*
· *First-quarter earnings for the S&P 500 are forecast to fall 4.2% year-on-year, and second-quarter earnings are set to slide 0.3%, according to MarketWatch.*
Jim Cramer is out Wednesday, so Jeff Marks, senior portfolio analyst at Action Alerts Plus, stepped in. Marks talked about the Bank CEO's taking to Capitol Hill, Uber's plan to sell $10 billion in stock and Levi's earnings. Bank CEO's on Capitol Hill Big bank CEOs--including JPMorgan , Goldman...
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