Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

The theme song for week has to be the O’Jays’ “For the Love Of Money.” Earnings season is in full swing and the outlook is golden.

Stocks were buoyed this week as a variety of blue chip and benchmark names have simply crushed earnings expectations and estimates. Thanks to a growing economy and lower corporate tax rates, analysts now expect earnings to be top notch for this period, which is certainly being confirmed this week.

As for that growing economy, data was supportive. While it was a slow week for various economic metrics, what was reported did come in as positive – with measures of inflation, consumer credit and jobs growth all coming in positive.

Perhaps the only thing that dented complete exuberance was the continued deterioration when it came to global trade. The burgeoning trade war continued with several key international players – the U.S., Canada, China and Saudi Arabia – continuing their various spats and ratcheting up various tariffs. However, even this couldn’t stop the continued earnings train this week. Stocks ended the week higher.

Check out our previous edition here where investors focussed on the fact that key indices in the U.S logged gains for four straight months.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Texas Instruments Incorporated Increases Dividend by 24.19%

Each day, companies and funds across the globe announce upcoming dividend payouts. In our ...

News

Royal Bank of Canada Leads 54 Securities Going Ex-Dividend This Week

There are 54 securities going ex-dividend this week starting Monday, October 22nd. For income...

Premium Bear%20market%20picture
News

Market Wrap for October 19: The Bear Starts to Roar

At this point, it shouldn’t come as a surprise that volatility is back in a major way.

Last week,...