Earnings fever is soaring, but that doesn’t mean you can ignore the economic calendar.
Today, 31 companies will report earnings, including Boeing, McDonald’s, AT&T, eBay and Facebook, according to S&P Capital IQ. So far this year, aggregate earnings are down 2.2% from a year earlier. Nevertheless, of the 70 companies that have reported so far, 53, or 76%, have beaten analysts’ estimat...
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