Nervous Hope on Profits Pumps Up the S&P 500


Nervous Hope on Profits Pumps Up the S&P 500
BY E. S. BROWNING
The Wall Street Journal Europe
May 18 2015

Large U.S. companies are almost done reporting firstquarter earnings, and neither the results nor the forecasts are pretty. Many money managers are betting that U.S. stocks will keep rising anyhow, but that represents a gamble that corporate profits…read more…

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