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PROSPERITY BLOG
Rising Yields Faily to Derail Stocks
This year, the stock market has risen significantly. Lingering worries about oil prices, inflation, the war with Iran, and the possibility of an AI bubble haven’t subsided. But the economy is expanding, corporate profits have been strong, and the S&P 500 Index set a new high last week, according to the Wall Street Journal.
All Gas, No Brakes: Profits Soar in Q2
In a solid earnings season, we’d generally expect S&P 500 companies to deliver double-digit profit growth, meaning earnings growth of at least 10% versus a year ago (20% tops). That’s not a hard-and-fast rule, but it provides a useful benchmark for evaluating the strength of a quarter.
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