World & BusinessEquity analysts reportedly turn net negative on US corporate earnings outlook
Bloomberg reports that the shift reflects concerns about how inflation and higher interest rates could affect corporate profits.
TLDR
Equity analysts have turned net negative on the outlook for US corporate earnings for the first time in months, Bloomberg reports. The shift ends the longest run of US earnings upgrades in five years, reflecting concerns about inflation and higher interest rates’ effects on profits.
Equity analysts reportedly turn net negative on US corporate earnings outlook
Bloomberg reports that the shift reflects concerns about how inflation and higher interest rates could affect corporate profits.
TLDR
Equity analysts have turned net negative on the outlook for US corporate earnings for the first time in months, Bloomberg reports. The shift ends the longest run of US earnings upgrades in five years, reflecting concerns about inflation and higher interest rates’ effects on profits.