By SIMON CONSTABLE
Wall Street is inventive when it comes to terminology. Consider, for example, “sell the profit.” At first read, it may not be clear what the phrase means.
The term refers to selling stocks in the anticipation that annualized growth in corporate profits will slow down. That’s relevant now because investors anticipate weaker company earnings over the next few months, which could have a significant impact on share prices. Read more here.
Wall Street is inventive when it comes to terminology. Consider, for example, “sell the profit.” At first read, it may not be clear what the phrase means.
The term refers to selling stocks in the anticipation that annualized growth in corporate profits will slow down. That’s relevant now because investors anticipate weaker company earnings over the next few months, which could have a significant impact on share prices. Read more here.
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