Slowing Economy Hitting Stocks Hard, According to Leading Financial Newsletter Profit Confidential - KTRE.com | Lufkin and Nacogdoches, Texas

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SOURCE: Lombardi Publishing Corporation

According to Mitchell Clark, contributor to Profit Confidential, more of the impact of slowing economic growth is becoming apparent. Clark says several big-cap companies have recently reduced their visibility for the year, citing declining growth rates in China and other emerging markets.

New York, NY (PRWEB) July 06, 2012

According to Mitchell Clark, contributor to Profit Confidential, more of the impact of slowing economic growth is becoming apparent. Clark says several big-cap companies have recently reduced their visibility for the year, citing declining growth rates in China and other emerging markets.

In the article “Slowing Economic Growth Bringing Down the Big Boys,” Clark says that some companies are doing much better than others, and this is a global trend that will continue because of declining economic growth rates in the world’s largest economies.

“Recent stock market action has been less worrying concerning declining expectations for global economic growth; the stock market just experienced a correction because of this,” notes Clark.

Clark cites Procter & Gamble Company, McDonald’s Corporation, and Adobe Systems Incorporated as just a few of the companies saying that economic growth in emerging markets has dropped considerably, while business is very slow in the eurozone.

“Economic growth in the eurozone is pretty close to flat, while the U.S. economy should be able to squeak out a percent or two this year,” says Clark.

Clark notes that the U.S. stock market now trades off Chinese economic news, so any new stimulus measures from that country will boost domestic equity markets.

Clark believes, “… the stock market will close out the year with a low double-digit gain plus dividends—but 2013 is likely to be a mess.”

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market... before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/7/prweb9671147.htm