The megaphone pattern in the U.S. stock market typically presages a major decline or full-blown crash.
Market observers have long noted that increasing volatility presages market crashes. If you glance at a chart of September-October 1929, just b…
Tag Archive for Amplitude
Charts, Economics
Earnings Death or Taxes
by Lee Adler • • 0 Comments
Weak corporate tax collections in the first quarter and through April 11 could mean that many quarterly earnings reports may surprise the market by failing to meet analysts’ inflated expectations. Either corporate profits are falling sharply or else corporations have suddenly become much savvier about offshoring income and avoiding taxes. While they may be getting…
