Earnings Season’s Greetings

Check out the accompanying pdf and chart collection. (1) Positive revenues and earnings surprises. (2) Tweaking our earnings forecasts. (3) Still targeting 4800 for S&P 500 by year-end 2022. (4) More fiscal stimulus will boost earnings this year. (5) Corporate tax hike likely to pare earnings next year. (6) Profit margins have been remarkably resilient. (7) Another quarterly earnings hook. (8) The meltup risk again. (9) Bullish PMIs. (10) Personal income gets a boost despite weak employment. (11) T-Fed’s digital printing presses are on overdrive. (12) Inflationary pressures building below the calm surface of consumer prices. (13) Bond Vigilantes may be coming back from the dead. (14) Movie review: “The Little Things” (+ +).