Thus far, one of the key takeaways from this earnings season is that profits have begun to disappoint while revenues have remained resilient.
This is a common trend during a business cycle downturn.
According to historical data, changes in EPS tend to precede changes in… pic.twitter.com/f169JMMwyo
— Otavio (Tavi) Costa (@TaviCosta) April 26, 2023
April 25 (Reuters) – U.S. consumer confidence fell to a nine-month low in April led by a darkening outlook that augers a recession beginning in the near future, a survey showed on Tuesday.
The US economy is slowing down with diesel prices falling steadily
Views: