Review the latest Weekly Headings by CIO Larry Adam.
This Monday would’ve been Muhammed Ali’s 80th birthday! The Champ is regarded as one of the iconic athletes of the 20th century given his status as a three-time world heavyweight boxing champion and Olympic gold medalist. But his nickname ‘The Greatest’ may just have to be shared with the earnings results we witnessed throughout 2021, as record earnings growth, earnings beats, and net margins drove the S&P 500 to all-time highs. As we enter the fourth round (4Q21), we expect this quarter to be a heavy hitting season that solidifies our expectation for another above-consensus earnings growth year in 2022. With Big Banks starting to report today, we’re reflecting on the expectations for the season and anticipating CEO commentary that could shed light on whether or not 2022 will follow in 2021’s footsteps.
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