Q2 Earnings To Drop By 44%
July 06, 2020 at 11:37 AM EDT
By Roman Chuyan, CFA, Model Capital Management A recession began in January. An 8% downturn is expected, double the size of 2007-09. Our 6m forecast for the S&P 500 remains near -14%; our Short-Term Risk model is now in a Sell position. Q2 earnings are expected to drop by 44%. A parabolic...
