Ah, if only a strong economy guaranteed a strong stock market

It’s important to remember that a strong U.S. economy doesn’t guarantee a climbing U.S. stock market. We can see that in likelihood that despite that economic strength the stocks in the U.S. Standard & Poor’s 500 are projected to have turned in yet another quarter–the fifth in a row–of declining year to year earnings when all the numbers are added up for the second quarter of 2016.

U.S. stocks pause ahead of earnings

U.S. stocks pause ahead of earnings

Not terribly surprising that U.S. stocks are meandering in slightly negative territory today after busting out to new all-time highs. We’re about to head into the meat of earnings season and a little profit taking undoubtedly makes sense to many of those who caught the recent run. Tomorrow JPMorgan Chase (JPM) kicks off a run of earnings reports from big banks. IBM leads off technology earnings on July 18

Earnings worries move to the fore today

Today marked the official turn in financial market attention from central banks and interest rates to the upcoming–and likely disappointing–U.S. earnings season. Projections are that earnings of the stocks in the Standard & Poor’s 500 stock index will see a year over year decline in earnings of 7% to 7.4%, depending on your data source preference.

Early signs of slippage in earnings forecasts?

To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...