Weakling Profit Recession Is Why Nobody Pulls Cord on Stocks

  • S&P 500 earnings poised to match the longest slide since 1936
  • Yet peak-to-trough decline is nowhere near recession average

Global Growth in 2% to 3% Channel Since 2010

The U.S. earnings recession waylaying the seven-year-old bull market has been a long one by any standard. Measured by depth, however, it isn’t registering -- either with history or investors.

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