Wall Street Sets Earnings Bar Low

USA Today Money, Tuesday, April 9, 2014

Wall St, sets earnings bar low, by Matt Krantz

“Investors are hoping companies’ first-quarter profits will give them justification for pushing stocks to all-time highs this year… But while stocks soared nearly 10% in the first quarter, analysts currently eastimate that earnings rose only 0.7%, says S&P Capital IQ, the lowest reading in years.

…while investors are hopeful companies have simply set the bar low, making it easier to beat, others fear stocks have gotten ahead of reality.”

Setting the bar or bars low makes the game easier for the opposition; setting them high makes the game more difficult.



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