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The market’s next test: Bank of America weighs in on which sectors will crush it this earnings season — and which will flounder

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid

  • Earnings season kicks off on Monday, and Bank of America Merrill Lynch analysts are projecting which sectors will impress investors and which are most likely to stumble.
  • US banks and brokerages account for many of next week’s reports and begin reporting earnings on October 15.
  • BAML analysts expect the insurance, REIT, and utilities industries to post the biggest earnings wins. They anticipate the energy, aerospace/defense, and basic materials sectors to announce the biggest losses.
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Earnings season is less than a week away, and Bank of America Merrill Lynch analysts are predicting read more >>>

Source:: BusinessInsider.Com