This week we pass the midway point of the second-quarter earnings season
for the Standard & Poor’s 500 index. What we’ve seen so far has been
quite good in terms of both revenue growth and earnings growth.
Punishing Moscow for actions in Ukraine could hurt Europe’s economic
recovery, but more monetary stimulus might ease some of the sting.
We’re still early in earnings season for the second quarter, but if the
yardstick of success is companies posting better-than-expected results,
we’re off to a strong start.
Fundamental valuations of emerging market companies remain attractive
even after the rally over the past five months.
Why we’re looking beyond second-quarter GDP numbers to gain a better
understanding of the economy’s health.