Tuesday, August 15, 2017

‘Ominous' Sign For Stocks Seen By BofA Survey

Money managers who’ve watched the surge in corporate profits take U.S. equities to records are starting to fret about earnings growth, and that’s an “ominous” sign, Bank of America says. Just 33 percent of managers in the bank’s latest survey say corporate profits profits will improve, down from 58 percent at the start of the year.

from FA News http://www.fa-mag.com/news/-ominous--sign-for-stocks-seen-by-bofa-survey-34156.html

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