Earnings Growth Drives Market Return in the Long Run, But Not in the Short Run

By Henry Ma, Julex Capital Management The Q1 earning reports have been very strong so far. With over half the S&P 500 companies that have reported, according to FactSet, the blended growth rate for S&P 500 EPS is 22.9%, the highest level since Q3 2010 if the number continues to hold up for...
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