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April 13, 2015

As earnings shrink, investors should prepare for a stretch of choppy water

By STEVE ROTHWELL
AP Markets Writer

NEW YORK — All streaks eventually come to an end.

For the first time since 2009 when the U.S. economy was emerging from the Great Recession, companies may be about to report that their quarterly earnings fell. Plunging oil prices have pummeled profits at energy companies and a surging dollar has hit companies that depend heavily on overseas sales. There are also signs that the economy slowed markedly in the first quarter.


 
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