As we plow through earnings season, results are beating expectations by a country mile. Not only are companies reporting huge numbers, but estimates for the third and fourth quarter are rapidly rising. So far, earnings are up 86% year over year, with revenue up a record 21%. As has been too common lately, analysts have vastly underestimated the nominal growth of the economic recovery. As of last week, earnings are coming in on average 18% … read more Boom!
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