The Hole at the Center of the Rally: S&P Margins in Decline

Updated on
  • Analysts see 1% slide in revenue leading to 9.5% drop in EPS
  • Margin pressure building amid rising wages, low productivity

What's Keeping the Bull Market Alive?

Stocks are rising, the worst start to a year is a memory, and short sellers are getting pummeled. And yet something is going on below the surface of earnings that should give bulls pause.

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