What Market Fundamentals are Telling Us
Hey, it’s Ross Givens here with the Chart of the Day. Examining S&P 500 companies’ performance against quarterly earnings expectations since 2018 reveals a consistent trend of outperformance. Despite heightened expectations, the latest data indicates 76% of S&P 500 companies have exceeded expectations, surpassing the 10-year average. This suggests robust market fundamentals, alleviating concerns about an imminent pullback. Join me in today’s Insight of the Day to explore the ongoing opportunities in the market.