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The second quarter, for large American companies, should lead to a drop in profits. Prediction that has become darker as the weeks go by
by Marco Valsania
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A season of earnings for Corporate America between hopes of resilience and performance spectra under siege. According to forecasts, the second quarter for large American companies should bring with it a decline in profits, a forecast that has become more gloomy as the weeks go by.
And among analysts, the perception is that a particularly difficult time is at stake for earnings, such as to shake up a stock market that has recently embraced optimism.
Predictions for the day before
On the eve of…