Investors should expect more earnings misses and weak guidance as companies struggle with slowing demand and looming recession risk, Bank of America says

Business Insider

Investors should expect more earnings misses and weak guidance as companies struggle with slowing demand and looming recession risk, Bank of America says

Corporate sentiment is at its lowest level since the start of the pandemic, and macro headwinds to earnings growth are steadily building.

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Fighting our plastic problem: Bans and recycling mandates gain steam in the US and abroad

States like California and countries including Canada and India hope to reduce pollution by banning some single-use plastics and mandating recycling.

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US stocks plunge as inflation accelerates more than expected to the hottest rate since 1981

Wednesday’s consumer price index data showed a 9.1% rise in prices year-over-year, above the expected 8.8%, and the hottest rate since November 1981.

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US stocks dive as bond yields flash recession warning and investors brace for inflation reading

The spread between the yields on the 10-year and 2-year Treasury bonds inverted to their deepest point since 2007.

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Categories: Economics/Class Relations