Tuesday, May 2, 2017

Q1 2017 earnings season has been very good, and earnings will be strong over the next few quarters too.

This is the strongest quarter of year-over-year earnings growth since 2009, and this strength will continue over the next few quarters.

  1. Finance earnings are rising because interest rates have risen. As long as interest rates are higher year-over-year, financial earnings will continue to be good.
  2. Oil is higher year over year, which means that energy sector earnings have risen quite a bit.

I explained these reasons and more in detail here

http://ift.tt/2pSb5Zs



Submitted May 02, 2017 at 07:19PM by markethistory http://ift.tt/2pVvlJx

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