Jam-Packed Week: PCE, Payroll & Fed Statement As Earnings Soar
Last week’s jam-packed earnings releases failed to excite investors even as most reporting companies beat analysts’ estimates. About half the S&P 500 companies have reported first-quarter results during the busiest week of the season of quarterly results, with the earnings growth rate at 22.9%, compared with 18.3% at the end of last week. Approximately 80%…...
