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🔥BRUTAL🔥
📈 This is one of the MAIN reasons why the SP500 is so strong today.
💰 82% of SP500 companies exceeded earnings expectations
What exactly happened and why does it raise the index ⁉️
🔹The earnings season was one of the STRONGEST in recent decades.
🔹82% of SP500 companies exceeded quarterly earnings estimates
🔹An impressive fact, despite the tariffs implemented by Trump
🔹If we exclude the post-pandemic madness, it is the best earnings quarter in 25 years.
Why does this matter for the market⁉️
🔸Because the earnings season is one of the most important catalysts for investor confidence.
🔸If companies earn more than expected, the balances adjust and the stocks appear cheaper from a fundamental perspective.
📍In summary, the earnings data was so solid that it is justifying part of the current SP500 rally.
Source: Bloomberg