This article says that stocks recorded 80% of their gains since 2013 during earnings season, until this year’s correction in February. This article gives the outlook for the earnings season that’s about to begin. It says expectations are for strong earnings. If trade disagreements, Syria, and other topics stay in the background, that should be good for stock prices.
Strategists have been counting on super-strong earnings to refocus investors on fundamentals and away from worries such as trade wars and concerns about Syria. They caution that risks remain, though, and the market is vulnerable to any number of foreseen and unforeseen events.
Earnings from the major banks — J.P. Morgan Chase, Citigroup and Wells Fargo — officially mark the start of the first-quarter earnings reporting period, ahead of Friday’s opening bell. PNC Financial and First Republic Bank also report.