Some Say We Are Heading Towards Another 2008 Debacle, Here is How to Spot the Top

Jefferies global head of equity strategy Sean Darby warns in his latest note to clients that a key change in the underlying fundamentals of the stock market rally is going unnoticed amid all of the talk about QE3 and the U.S. elections.

Darby writes that “corporate earnings are now forecast to drop in 3Q after consecutive quarterly gains since the 2008 financial crisis.”

From the note:

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