S&P 500 Earnings, Japan & India

Today, Joe recaps Q1 results for the S&P 500’s 11 sectors. Record highs in revenues, earnings and profit margins were scarce for reasons of seasonality, but improvements were broad based. More sectors than not logged y/y growth in revenues (eight), in earnings (eight), and q/q margin expansion (seven). … The Bank of Japan is contending with sticky inflation and bond yields above 1% for the first time in years. Will that quell the appetite for US Treasuries from America’s largest foreign creditor? Eric dispels some myths on Japanese demand. … Melissa weighs in on India’s election results, its pricey stock market, and its lofty economic goals.