Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings

P/E multiple contraction is the main driver of falling share prices. GETTY IMAGES/ISTOCKPHOTO An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnings and retail-sector stocks are being pummeled. In fact, contracting …

Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings Read More »