MarketWatch: “Earnings are headed for an all-time high, if supply-chain and staffing woes don’t get in the way”By admin_45 in IN THE NEWS
Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas:
DataTrek Research co-founder Nicholas Colas wrote in a Monday morning research note that companies will have to come closer to the second number than the first to see any gains for stocks in the coming months.
“The companies of the S&P 500 need to beat by an aggregate 10 percentage points this quarter, or we’ve almost certainly seen the highs on U.S. equity markets for the year,” he wrote"....
Read the full article here on MarketWatch!