This has been one heck of a bull market. We’ve had about five years of upward movement in the stock market since the end of the Great Recession and credit crisis. So it’s no wonder why investors are starting to feel a bit nervous about the market’s continued highs. But we need one thing in order to feed the bull: better earnings. Michael Mackenzie and Nicole Bullock at The Financial Times have the scoop on why better earnings are needed to blow past Dow 17,000.
Humble Student Of The Market (Cam Hui): We’re frothy, but a good frothy. Hopefully, the earnings picture holds.
Business Insider (Julia La Roche): Don’t worry, The Vampire Squid is doing quite well. Goldman Sachs (GS) crushes its earnings.
Quartz (Adam Epstein): There’s a reason why you use Tide and Charmin — because Proctor & Gamble (PG) spends so much on advertising. Hopefully, it’ll translate into meaningful earnings this quarter.
Macro Business (Staff):
China turns on the credit machine. Great for boosting earnings and GDP.
Bloomberg View (Barry Ritholtz): Just ask Japan how good credit can be. Abenomics is just killing it.
RIABiz.com (Brooke Southall): Vanguard gets into the robo-advising business and has more than $1 billion under management in a short time.
ETF.com (Dave Nadig): Just skip the all those volatility ETFs. You can’t market time worth a damn.
Investing Caffeine (Wade Slome): That timing is a problem for many of us. We just love to chase after stocks …. usually well after the run-up.
RadioTimes.com (Staff): And now for something completely different. The proper way to honor Monty Python.