The big groups should reveal record profits, but the rest looks more uncertain.
Annual corporate results have probably never been so eagerly awaited. The markets have climbed a lot in 2021 and they are hoping for great news. But with caution. “The climate is very special this year. The fourth quarter was very complicated with the arrival of the Omicron variant, the persistence of inflation, the rise of the dollar, the decline in growth in China and the fear of monetary tightening from the Fed. , confirms John Plassard, investment advisor at Mirabaud.
With the recovery continuing, analysts have set the bar very high. For the fourth quarter of 2021, they anticipate a 21.7% jump in profits for Standard & Poor’s 500 companies. If they are correct, this will mark the fourth consecutive quarter of profit growth above 20%. For the past year as a whole, earnings per share for America’s top 500 companies are expected to jump more than 45%…
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