Revolution is Inevitable!
|ECONOMY & MARKETS | October 14, 2016|
What Declining Earnings Continue to Tell Us
By Rodney Johnson, Senior Editor, Economy & Markets
'Tis the season. Earnings season, that is, and I don't think we're getting any presents.
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According to FactSet, we're staring down the sixth consecutive quarter of lower year-over-year earnings, which marks the first time this has happened since the company began to track earnings in the third quarter of 2008.
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This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation.
Friday, October 14, 2016
‘Tis the season
at 4:52 PM