Most of the data we've been seeing indicates the economy is not falling off a cliff. So we're in the best of both worlds. So, once again the focus is on the U-S central bank, which is scheduled to meet May 15th. But I think he needs to continue easing and then maintain that easier stance. Get them low and keep them low for an extended period of time is my prescription.
Experts say quarterly earnings have dropped off the most in about a decade.
And many analysts assume the entire year will be below trend, or less robust than Corporate America has grown accustomed to.