Mid-week market update: I wrote on the weekend that Q2 earnings season is potentially pivotal for the stock market (see What to watch for in a pivotal earnings season). Going into reporting season, the consensus is calling for a rebound in earning, though the recovery is expected to be stronger in large and mid-caps compared to small-caps. The very early report card shows relatively upbeat results, though there are some blemishes of concern. The full post can be found here.
Scenes from Q2 earnings season
July 19, 2023 at 16:11 PM EDT