AdvertisementCorporate earnings are on pace for their best non-pandemic year since 2018, and market strategists expect the party to continue in the upcoming earnings season and into 2025.
"There's not always a one-for-one relationship between economic growth and earnings growth," Reynolds said.
"You can still see earnings growth at a pretty robust level, even if economic growth moderates to some extent.
"That could be a little bit of a headwind for the market," Saglimbene said.
That's a normal earnings growth kind of environment, and I think that's enough to continue to push the market higher."
Persons:
—, Mike Reynolds, Anthony Saglimbene, He's, Saglimbene, Joe Quinlan — who's, Bank of America —, Quinlan, Reynolds, it's, Andrew Slimmon, Jim Baird, Plante, Michael Smith, Smith, There's, Slimmon, he's
Organizations:
Service, Business, Ameriprise, Merrill, Private Bank, Bank of America, Morgan Stanley Investment Management, Financial, Allspring Global Investments, Bears
Locations:
what's