In December, Market Insights noted how money was shifting away from large, well-known companies to smaller and less-known companies.
Government shutdown? Nope. Trade war with China? Probably not if talks continue. Recession? Just when it looked like things were slowing down, the data turned positive. The pessimists just couldn’t win.
All of the companies listed in US market announced their quarterly earnings by today. Luckily, we saw S&P 500 quarterly bottom-up EPS growth was +25% on year-to-year basis.