The stock market is rebounding without the most important ingredient it needs for long-term gains — and one quant chief warns it's a setup for another crash
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
The consensus forecast among analysts is that by the end of 2021, profits will be growing at nearly the same rate as they were in late-2019. In particular, Lapthorne is skeptical of the "perfect" recovery that is reflected in real-time consensus forecasts for earnings, the biggest long-term driver of stock prices. Data he compiled shows that analysts expect global profits to fall by 21% this year and then rise 21% in 2021.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Stock market crash: Why the recent rally is a trap, 57% drop coming - Business InsiderA renowned market bear says stocks are setting classic trap before another steep plunge — and says the market is at risk of a 57% drop from current levels
Consulte Mais informação »
Banks Could Prove Weak Partner in Coronavirus RecoveryAfter the last financial crisis, banks now hang back in lending and trading, allowing hedge funds and nonbanks to dominate those roles. That means the Federal Reserve has less ability to use banks to get money where it’s needed in the economy.
Consulte Mais informação »
Disney's stock has value at these levels, trader says as Evercore ISI gets bullishThe forecast for media stocks is murky as the coronavirus puts production plans on hold, but traders have some ideas as to where they could go next.
Consulte Mais informação »
Explainer: Oil ETPs - the perils of trading crude like a stockA historic plunge in oil prices in the wake of the COVID-19 pandemic has highlighted the risks of oil-focused exchange-traded products (ETPs).
Consulte Mais informação »
The Best Substitute for Homemade Chicken Stock Is FreeDon't have a freezer full of quality chicken stock? You've got the next-best soup base on tap.
Consulte Mais informação »
Here's what happened to the stock market on FridayStocks closed higher as oil extended its rebound from historic lows, but still posted their first weekly loss in three.
Consulte Mais informação »