Before It's News | Popular Money
Looking Out To August As July Melts: All Hell Will Likely Break Loose Next Week Going Into Earnings Season
All hell will likely break loose next week going into earnings season. Major wailing and gnashing of teeth – expecting the biggest drop of the year. Will post more when it looks like a sure thing. Wall Street Is Pretty Sure That Earnings Season Will Be Crappy “21 May quarter end companies reported 2Q results, 62% beat consensus EPS w/ a 1.7% surprise in aggregate,” wrote Deutsche Bank’s David Bianco in a note to clients this week.
No comments:
Post a Comment