Major Threat to Bull Market in U.S. Stocks Poised to Die Out

Updated on
  • Profit contraction may end as analysts see a small drop in 3Q
  • Since 1936, return to growth has heralded bigger equity gains

Third-Quarter Earnings Preview: Expectations vs. Reality

To hear analysts tell it, the earnings recession is about to reach 18 months. Given their near-perfect record of underestimating corporate profits, they’re probably going to be wrong.

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