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Home Economics

U.S. companies very pessimistic

by Daniel Brown
2014/04/01
in Economics, HOME
1 min read
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U.S. corporate sector is extremely pessimistic about their prospects in the I quarter.

Likely that weak projections of revenue for the reporting period related to the deteriorating global economy. However, experts also suggest that the top management of American companies deliberately understates the evaluation of companies’ revenues , so as to manage investor sentiment and thus contribute to their positive reaction after the publication of the report .

According to senior analyst John Butters FactSet , 93 of the 111 companies included in the Index in the S & P500, which published its forecasts for the quarter I expect worse results than the experts on Wall Street .

Such a situation where the vast majority of companies very pessimistic about their income , fixed the second time in recorded history , the company has become FactSet track this trend since 2006

And the first time such a situation has been fixed in the IV quarter of last year .

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