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Markets agree with Powell but only up to a point EJINSIGHT

People moves: USS picks manager selection head

People moves: USS picks manager selection head
ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.

Delta impact on consumer behaviour appears limited EJINSIGHT

Delta impact on consumer behaviour appears limited EJINSIGHT
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US Q2 earnings season preview: Support from the base EJINSIGHT

Karsten Junius July 30, 2021 08:52 The US earnings season has kicked off with large cap financials dominating the releases. The coming weeks will see a majority of US corporates reporting with slightly more than half of the S&P’s constituents announcing their Q2 results before the end of July. Looking at bottom-up consensus expectations, year-over-year growth rates for the S&P 500 appear ambitious at 62%. However, this is largely a result of the depressed base levels in Q2 2020, when earnings declined by more than 30% due to the pandemic. More revealing are quarter-over-quarter growth rates, which the market consensus expects to turn negative in the second quarter, after three consecutive quarters of double-digit increases.

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