THE EARNINGS BOOM IS HERE
The outstanding fourth-quarter earnings season we had in 2020 is a tough act to follow, but 2021’s first quarter has the makings of another potentially great earnings season. The reopening of the economy continues to move forward, and corporate America has done an excellent job managing through the pandemic.
POISED FOR ANOTHER STRONG EARNINGS SEASON
Coming into fourth-quarter earnings season, investors had plenty of reasons to expect companies would deliver better-than-expected results—and they did. Virtually no one—ourselves included—expected S&P 500 companies to grow earnings in aggregate during fourth quarter 2020...