Analysts and investors are hopeful that corporate America will report its first quarter of earnings growth since the end of 2018 and that profits, and not a flood of liquidity, will power Wall Street in 2020. Investors are hoping that the cheaper money now swilling around the system will begin to show up in companies’ income statements, said Jeff Kleintop, chief global investment strategist for Charles Schwab. Read More...
Analysts and investors are hopeful that corporate America will report its first quarter of earnings growth since the end of 2018 and that profits, and not a flood of liquidity, will power Wall Street in 2020. Investors are hoping that the cheaper money now swilling around the system will begin to show up in companies’ income statements, said Jeff Kleintop, chief global investment strategist for Charles Schwab.
