CNBC: "Companies are talking about turning ‘furloughs’ into permanent layoffs"

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CNBC: "Companies are talking about turning ‘furloughs’ into permanent layoffs"

Excerpt from CNBC quoting DataTrek’s Nick Colas:

…. “Wall Street analysts dramatically underestimated earnings leverage in Q2 and are being very cautious in revising their estimates for the rest of 2020, all of which points to further upside revisions to come,” Nicholas Colas of DataTrek said in a recent note to clients”….

Read the full article here on CNBC!