The current economic expansion has been punctuated by record profits for large corporations, and slow job and wage growth for U.S. consumers.
Main Street Over Wall Street?
What Matters for Stocks
If you break the stock market down into its most basic elements only two things matter: earnings of companies and what investors are willing to pay for a dollar of earnings. This week, earnings season for the second quarter of 2018 was in full swing and investors are digesting the news.