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SCOUT· 64%37m·2023-08-09·Money
SCOUT· 64%37m·2023-08-09·MoneyThe Upside of Down Earnings: Plummeting Profits and Soaring Stocks
Many Happy Returns · 79
Stock markets go up because companies grow their earnings over the long term. But this year, the S&P 500 is rallying despite stocks reporting their third straight quarter of falling profits. Has the market just not noticed? We discuss whether an earnings recession should worry us and if it’s about to turn around. And…
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