A very bearish development

Bank of America comments, "global equity 12-month forward EPS has turned negative on a YoY basis (-6.7%)." (via ZeroHedge).

The chart above shows global forward EPS is now plunging.

Will the stock market follow? Time will tell, of course.

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George Dagnino, PhD

Editor
The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull or Bear Markets
 

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