Stocks poised for 15% drop despite absence of earnings apocalypse

1 min read
Source: MarketWatch
Stocks poised for 15% drop despite absence of earnings apocalypse
Photo: MarketWatch
TL;DR Summary

Despite better-than-expected earnings from banks, strategist Matt Miller warns that stocks may still drop 15% even without an "earnings apocalypse." This week, the tech sector and other important areas of the economy will report earnings, and while the S&P 500 is up 0.5% this month, the Nasdaq is down 1.2%.

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