Think markets have bottomed? Profit season says be careful - The Australian Financial Review

Softer inflation data and solid profits have investors asking whether the worst is behind us. But tailwinds that took profits to record levels are reversing.

Cheap money avalanche But Rob Almeida, global investment strategist and portfolio manager at the $US581 billion ($818 billion) investment giant MFS, says its useful to think about how profit margins… [+5274 chars]

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