This is the strongest quarter of year-over-year earnings growth since 2009, and this strength will continue over the next few quarters.
- 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.
- 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
Submitted May 02, 2017 at 07:19PM by markethistory http://ift.tt/2pVvlJx
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