Earnings Season Is Upon Us. But Does Anyone Care?
Earnings season is upon us, but it's not clear how much the numbers matter.
Last summer, many market participants were keen on the idea that the best approach was to simply "look through" 2020 -- to effectively write it off as an anomaly.
While that's one way to explain how equity benchmarks managed to summit new peaks during the worst economic downturn in a century, it wouldn't be accurate to say investors ignored the pandemic. After all, the biggest winners were tech and other manifestations