Central Banks & Profit Margins

Melissa reviews the challenges facing the central banks of Japan, China, and the Eurozone as they eye—or make—monetary policy moves. The BOJ is finally unwinding its extreme monetary ease (no more sub-zero interest rates!). The PBOC is easing in yet another attempt to revive its economy (good luck with that). And the ECB might ease its restrictive stance in June, if inflation and labor data warrant. … Joe reviews the latest trends in S&P 500 forward earnings, forward revenues—both at record highs—and the implied forward profit margin, at a 17-month high. He also shares which sectors are in profit recoveries and slumps.