Excerpt from Barron’s quoting DataTrek’s Nick Colas:
…. ” There’s a good reason that the market is taking its cues from trade rather than immigration. DataTrek’s Nicholas Colas notes that U.S. earnings expectations continue to decline largely because of slowing international sales. “An earnings recession in the first half of 2019 looks increasingly likely,” he write. “The potential answer: progress on US/China trade talks this week”….
Read the full article here on Barron’s!