Loading...
Most Recent Stories

Is Corporate America Sending a Recession Warning?

This was a good segment on Bloomberg today discussing the recent weakness in corporate earnings.  Some of the highlights:

  • There have been 63 negative preannouncements.
  • There have been 13 positive preannouncements.
  • The current ratio of 83% is the highest since the Great Recession.
  • The last three recessions were all preceded by large spikes in this ratio.
Now, I don’t necessarily think this is a recession indicator, but it’s becoming very clear that the surge in corporate profits is beginning to face some headwinds. ┬áThere’s more below via Bloomberg’s Adam Johnson: 

Bloomberg TV

 

 

Comments are closed.