U.S. stocks face a laundry list of problems. But let’s zero in on one in particular – one that was responsible for billions of losses in Q2 earnings.
This is a widespread issue. In fact, the investment research shop LPL estimates it lowered Q2 revenue for the entire S&P 500 by two to two-and-a-half percentage points. That’s billions of dollars, up in smoke.
Now, here’s the punchline…
It’s going to be worse in Q3.
Know what it is?
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