Investors Braced For An Earnings Recession. It Doesn’t Look Like It’s Happening

Investors were ready for bad news. Going into this earnings season, there was an expectation that corporate profits would take a hit in the first quarter of 2019, declining from the robust results seen in the same period last year. Some analysts had S&P 500 profits down as much as 4% year-over-year, citing the diminishing […]