Risk
What If Earnings Season Turns Out to Be a Bust?
Ned Davis thinks profit growth will come in way south of what the market expects.
Outpaced last year, high yield is in solid shape at a time when stocks may come back to earth, the firm argues.
Sliced at the coronavirus’ outset, company payouts enjoy increases amid enlarged profits.
None of the shock that came with the Fed’s 2013 move has appeared. And, anyway, equities seem to have a special immunity to QE’s fate.