Skip to content
Markets
+ Economics

Global Stocks Pin Hopes of Year-End Rally on Earnings Resilience

  • Some bad news is already priced in heading into results season
  • Extreme investor pessimism could also spark a contrarian rally
Bloomberg business news
Summers Sees 'Tremors' of August 2007 Anxiety in Markets

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Investors are primed for any bit of good news to help them forget a brutal quarter for stocks that took this year’s value destruction to $24 trillion. A resilient corporate earnings season might give them that.