All that has some investors worried that profit growth will slow down and pinch stocks. Q: What's the significance of peak earnings to the market? A: Since the reason investors invest is to get a cut of the action, and the corporate action is growth in profits, investors are under the mistaken belief that prices peak when earnings peak. We're not heading into an earnings recession, which has typically preceded an economic recession. My feeling is that global economic growth as well as US economic growth is expected to be rising 2019 relative to 2018.
Source: ABC News May 20, 2018 16:02 UTC