Rate Anxiety Lands at Worst Time in Six Years for U.S. Earnings

  • Study shows profit growth usually suffers when the Fed acts
  • Analysts see S&P 500 profit falling three quarters in 2015.

Federal Reserve rate hikes haven’t been a bullish signal for U.S. corporate profits in the past. That’s bad news for investors banking on a rebound from the first quarterly retreat in earnings since 2009.

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