corporate earnings in week. jp morgan chase, ibm, netflix and microsoft are among the companies reporting results. wall street bracing for disappointing numbers overall for corporate america. earnings are expected to fall 2.6% in the second quarter after profits already declined slightly in the first quarter. it would mark the first time in three years that earnings have fallen back-to-back. as an earnings recession is coming, why are stocks trading near record highs? you can thank the federal reserve in hopes for resolution for u.s./china trade talks. jerome powell strongly hinted that the central bank s&p 500 topped 3,000 and the dow hit 27,000, both for the first time. in new york, i m christine romans. [leaf blower]