Earnings, inflation and confidence, oh my

April 17, 2015 1:00 PM

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The earnings season has not sent the stock market into a tailspin, at least not yet, as 76% of companies that have reported have beat expectations and earnings are now coming in at a negative 2% pace, better than the -2.9% projection on April 1.

And yesterday’s commentary from Federal Reserve officials suggests that the first-quarter soft patch may push feared interest rate hikes back to later in the year.

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