Wall Street ‘flying blind’ after companies scrap guidance

Wall Street ‘flying blind’ after companies scrap guidance

The number of US blue-chips offering full-year profit guidance alongside their first-quarter earnings has been cut in half, leaving Wall Street analysts struggling to assess the full impact of measures to contain the spread of coronavirus. America’s earnings season has passed the halfway mark, with 283 companies in the S&P 500 having reported by Friday […]

Stock Market place Investing Guidance

Stock Market place Investing Guidance

The thought of publishing dumb laws as a supply of entertainment is not one thing new – prior to the internet, numerous joke books, magazines and even ordinary newspapers would publish these laws as fascinating tidbits. Kenny et al. (2000) concluded that only...