Will Rahal

How Low Can This Market Go? The 40 Percent Solution

I think that earnings disappointments will contribute to further stock market declines. Expectation of an economic "slowdown" is slowly being replaced by a serious downturn. One implication is that earnings estimates will come down significantly. The market will adjust accordingly.
I used estimates for next week's reports and the charts clearly indicate that 1995 was a walk in the park compared to current conditions.
See
wrahal.blogspot.com/20...