Wall Street will likely see worst earnings season in about three years, Nick Colas warns

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Wall Street will likely see worst earnings season in about three years, Nick Colas warns
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Disappointing earnings could wreck 2019's market rally, according to DataTrek Research's Nick Colas.

div > div.group > p:first-child"> DataTrek Research's Nicholas Colas believes the upcoming round of quarterly numbers will be the most contentious in about three years, and he's worried they could spark the next stock market downturn.

Colas' comments come a week before first quarter earnings season gets underway. J.P. Morgan Chase kicks off on Friday, April 12 before the market open. Even though analysts have been taking down their earnings forecasts, Colas doesn't think most investors are prepared for disappointing numbers.

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