But don’t expect those energy troubles to ruin the party for everyone else.
“Overall, we expect more winners from cheap oil than losers, with another good performance by Corporate America,” White wrote.
He’s not the only one. Wall Street analysts are calling for fourth-quarter earnings at S&P 500 companies to climb by nearly 5%, according to S&P Capital IQ. That’s pretty solid given the turbulence in the energy industry.
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