The ‘single biggest risk’ to investors is being widely ignored — and Morgan Stanley warns it could spawn a recession within months
|09/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Earnings growth for small-cap companies has been negative for two straight quarters, and is expected to deteriorate again when companies report third-quarter numbers.
- According to equity strategists at Morgan Stanley, this trend is the single-biggest risk to the economic expansion that is not discussed in mainstream circles.
- This earnings recession also forms the basis of their bearish view on stocks.
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