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Unexciting Earnings May Be Warning Sign, BlackRock Says
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
The proposal’s aim is to reduce risk and enhance income, report to trustees says.
Despite small interest payments and not much price appreciation potential, many investors say it does deliver in this one area.