Stock market optimistic despite softer growth projections, large-cap companies seeing weakest earnings revisions since COVID-19.
From Yahoo Finance: 2025-05-29 17:30:00
Financial markets are bullish despite analysts, companies, and economists forecasting softer growth. Large-cap companies’ earnings revisions are at their weakest since COVID-19. 2025 earnings growth projections are only 7%. Analysts are either overly pessimistic or the markets are “wildly offside.” This unprecedented divergence raises concerns about market optimism.
Read more at Yahoo Finance: Stock Market Is Pricing A Never-Before-Seen ‘Divergence’ As Equities And Bonds ‘Run It Hot’ Amid Gloomy Outlook By Bottom-Up Analysts