The performance of equities is pointing to a faltering U.S. economy and sagging corporate earnings in the third quarter, writes Paul Lim, a senior editor at Money magazine. In the past, stock indexes started rising about six months before a recession's end. In 2009, the trend upward began in March. Jeffrey Kleintop, chief market strategist at LPL Financial, said he anticipates that "somewhere between January and June, the rally will probably peter out."
Published in Brief: