Corporate profits are peaking, and that’s been bad news for the stock market

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Corporate earnings have been on a tear that soon will end, and history suggests a rough road ahead for the stock market.

S&P 500 profits collectively are on pace to rise 25 percent for the third quarter, which would keep them in line with the results from the previous two reporting periods in 2018, according to CFRA and S&P Capital IQ. The fourth quarter is estimated to see a 17.5 percent increase. For the full year,…

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