Earnings Recession Is Likely Over

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Earnings Recession Is Likely Over

On January 20, 2021, Posted by , In Weekly Market Commentary, With No Comments

This earnings season likely will be the last of the earnings recession. After year-over-year declines in the first three quarters of 2020, the fourth quarter likely will make it four in a row. Looking ahead, earnings are likely to grow solidly in the first quarter 2021 and throughout the year, which we think will enable stocks to grow into their lofty valuations.

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