From “Wall Street Journal”:

Profits are on the rise, and the Federal Reserve may begin cutting rates later this year. This unexpected combination is promising news for the stock market.

The fourth-quarter earnings season has just begun, with major banks already reporting their results. Analysts predict a 4.4% increase in earnings per share for S&P 500 companies, continuing the profit rebound that began in the third quarter.

Source: The Wall Street Journal, Dow Jones & Company, Inc.



Read more: Profits Comeback Paired With Rate Cuts Make a Powerful Mix