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Earnings Recession Is Here! Look Thru It

-Investors worry SPX Q2 EPS comp could be negative

-But 2020 10%+ EPS growth more important

-Here’s a surprise: FactSet says 2Q EPS could turn out positive

From a tactical view, knowing what’s expected quarter by quarter is de rigueur. After all, you need some ammunition for those cocktail party discussions. Moreover, the headlines are blaring “earnings recession,” that is, negative earnings per share results by the S&P 500 index in two consecutive quarters. Feels scary. (In the first q...

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