(Bloomberg) -- The gears have shifted. Analysts have started trimming their expectations for corporate earnings, as gains in macro data may be peaking, according to JPMorgan Chase & Co. strategists, and a long-awaited rebound in inflation hasn't materialized. The change, from months of positive revisions, coincides with central banks giving signs that they are ready to tighten liquidity.
To contact the reporter on this story: Blaise Robinson in Paris at brobinson58@bloomberg.net.
To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net, Todd White, Kasper Viita
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