Purves: SPX Can Fall Below 5,000 Without Recession, Hinges on Earnings Growth

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  Posted by Two Blokes Jun 10 - Filed in General - #TwoBlokesTrading  - 8 views
  
  Michael Purves says the market's V-shaped recovery off April lows "confounded" him. Even though the SPX is inching back toward its all-time high, he sees the index just as easily falling back below 5,000 if earnings growth doesn't meet Wall Street estimates.