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Why Earnings Could Signal A Market Decline In The Months Ahead
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Have you seen these headlines?
"Why the S&P 500 is poised to rock 100% in five years”
"Market rally not alarming, record highs backed by earnings growth, say analysts"
"Investors look to upcoming earnings to keep stock rally going"
If you haven't, you've probably seen some version of them. With markets hitting new highs seemingly each week, this sentiment is everywhere.
But it's dead wrong.
The argument that says earnings growth will be a key driver that pushes the market higher in the second half has a big hole in it.
Consider this: The S&P 500 saw almost zero earnings growth last year, and yet it still rallied 25%.
40-year Wall Street veteran Matt Maley sees a massive AI opportunity...
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