Earnings season is here — there’s only one chart you need to know
|07/10/2017||Posted by BusinessMediaguide.Com under General World News||
Second-quarter earnings season ramps up this week, and there’s quite a lot at stake.
The S&P 500 has managed to climb by almost 8% year-to-date, even as economic data has flagged and some of the market’s highest fliers have come under pressure. But if earnings disappoint, the stock market rally could be in deep trouble.
After all, it’s a tried-and-true tenet of the stock market that earnings growth is the most important driver of share gains.
That has certainly been the case over the past several quarters, as surging profit expansion has served to calm investor nerves at every read more >>>