Damn The Torpedoes, Full Speed Ahead

We are facing another earnings season directly ahead. Should we be worried? Well, that depends a lot on what you think the market thinks this earnings season will produce. If you believe that the market is expecting another big earnings season, you may be in for some disappointment. However, if you believe that earnings will grow at a decent clip, without much help from the economy in general, then you might just be in for a nice little surprise. Our guess is that earnings will grow at something above 10% year-over-year but not by the 30% that we had become accustomed to last year. Read more