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Earnings Season Beckons But All Anyone Cares About Is Trade War

  • Reporting season will be stellar but will anyone even care?
  • All eyes are on forward guidance and the international outlook
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U.S. Markets 'Poised to Rally' Through 2018, Weisberger Says
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One of the biggest casualties of the tariff war has been the power of corporate profits to energize stocks. Now another earnings season is at hand, and not even that can keep investors from obsessing over trade.

It’s the story of the market in 2018. U.S. companies are posting the best results in a decade, and the S&P 500 has derived almost no real-time benefit. More frustration played out in the second quarter, when the benchmark climbed a scant 2.9 percent even as profits increased seven times as fast.