Wall Street's new fear: Shrinking profits

April 6, 2015 12:19 PM

58 0

Wall Street's new fear: Shrinking profits

Analysts are the most bearish on U.S. corporate profits since the end of the financial crisis six years ago, creating angst on Wall Street as the first-quarter earnings season sets to kick off.

Earnings fears are the latest worry to rattle Wall Street, which is still reeling from Friday’s weaker-than-expected reading on March job creation, uncertainty about the timing of Federal Reserve interest rate hikes and a U.S. economy that experienced a soft patch in the first three months of the ye...

Also read: The OPEC Oil Deal Sells Fake News for Real Money

Read more

To category page

Loading...