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May 25, 2018

Should investors worry about ‘peak earnings'?

  • You could say we are at the seventh-inning stretch, but what we don't know is whether the game will go into extra innings.
    • By MARLEY JAY
    AP Markets Writer

    NEW YORK — Speaking about a peak suddenly made stocks weak.

    Investors got a rude awakening in April when executives at Caterpillar said the construction and mining equipment company didn't expect to top its first-quarter profit for the rest of the year. Other companies warned about paying more for fuel and basic materials, at a time when interest rates are the highest they've been in more than three years. All that has some investors worried that profit growth will slow down and pinch stocks.


     
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