At the start of 2019, after the market swoon in the fourth quarter of 2018, Wall Street financial house MoffettNathanson asked the following question: What would happen to the earnings of our companies during a U.S. recession?
“Obviously our concern last year was premature,” says Senior Analyst Michael Nathanson. “However ,the focus now about slowing economic growth in the wake of the growing COVID-19 epidemic is legitimately front and center.”
