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1.Market Observations, 8.Was Sticky

14 Oct 2016 (AFR) – Reasons not be buoyed by end of US earnings recession

(14 October 2016, AFR, p33, by John Authers)

‘Alcoa has announced quarterly results and even though the market did not like what it heard, soon the news should be official: the US earnings recession is over. Five quarters of earnings falls, coupled with a longer decline in revenues, should – unless analysts are much more accurate than usual – have come to an end in the third quarter.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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