economy
The S&P 500's Earnings Surge Looks Incredible. Two Companies Explain Why.
Good morning. There’s one number Wall Street watches more closely than almost any other: how much more (or less) money the biggest publicly traded companies in the U.S. are making compared with a year ago. It’s a pulse check not just for the market, but for the broader economy. And right now, that pulse is racing.
TL;DR
- Wall Street closely monitors the year-over-year earnings of large U.S. public companies.
- This figure serves as a key indicator for both the stock market and the overall economy.
- Current earnings trends indicate a rapidly accelerating economic pulse.