Best Case Scenario is Flat Earnings for 2019

Wholesale Direct Metals reports on the latest market news. Here’s the good news on earnings: Despite much hand-wringing around tariffs and the global economic outlook, overall earnings for the S&P 500 in 2019 remain “flattish,” meaning they are likely to be little changed from 2018′s record pace. The bad news: Investors remain on edge because confidence in the estimates are not high. This latest data confirms recent Wholesale Direct Metals complaints about the markets.