Earnings season shifts into a higher gear in the week ahead, as investors also watch for fresh economic data that could show that the economy is pulling out of a temporary rut.
At the same time, investors are feeling better about global growth and far less fearful of a recession in the near term. One reason is that China's data has also been picking up. This past week, China reported first-quarter GDPat 6.4%, slightly better than the 6.3% expected by economists. Dan Suzuki, portfolio strategist at Richard Bernstein Advisors, said he still sees deteriorating fundamentals for both earnings and the economy, even though data appears to be improving.
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no 💩! pump & dump is new in 2019 😔🤡
Of course you would run this on a holiday. Nice scam you got there
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