Is The COVID-19 Peak In View?
Signal Updates We continue to follow LPL Financial’s Road to Recovery Playbook for help determining where the market is in its bottoming process and yesterday we upgraded Signal #1, confidence in the timing of a peak in new COVID-19 cases, to “Already there.” Source: LPL Research, 4/27/2020The opinions and economic forecasts set forth may not develop […]
Some Good News: Minnesota Edition
Sharing Some Good News Many of you might have seen John Krasinski’s recent undertaking as a “good news” provider on his Youtube channel, Some Good News. Now in its fourth week, John highlights some good news from around the world. Following in John’s footsteps, we would like to take a few moments to highlight some […]
How Far Do Earnings Typically Fall in Recessions?
S&P 500 Index Companies Reporting In With 20% of S&P 500 Index companies having reported first-quarter results so far, earnings season has been a mixed bag. In our April 13 earnings preview, we noted that S&P 500 Index earnings for the quarter were expected to decline 10% year over year, based on FactSet’s consensus estimates from analysts. […]