Wanted: Selloff Catalyst In Lieu Of Profit Recession

To some market participants, it probably feels like the earnings recession call (the "profit reckoning") has been pushed into the future so many times that it's no longer viable. Similar to economic recession forecasting, there's an expiration date on such calls. There has to be. Otherwise there's no point. Downturns do happen, so in a strict sense, the next recession is always "right around the corner." It's just a matter of how long the street is. If there's no sell-by date on calls for reces