Asset Allocation
Corporate Earnings Continue to Dazzle in 2021, But What’s Next?
Estimates for the coming two years pale compared to 2021’s fireworks.
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.
A 1% reduction is taking shape, with most companies already reporting, and things could’ve been worse.
But even if they stay in the black, they will be puny compared to 2018’s blowout.
Peak earnings may have occurred in the first quarter. But maybe the picture isn’t so bad.