
Newsmakers
Q1 Earnings Are Up, But Nothing to Cheer About
While profits have kept climbing, the rate of ascent is slowing, per FactSet.
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.
A 1% reduction is taking shape, with most companies already reporting, and things could’ve been worse.
But even if they stay in the black, they will be puny compared to 2018’s blowout.
Peak earnings may have occurred in the first quarter. But maybe the picture isn’t so bad.