An uncomplicated explanation for why stocks have been trending higher 📈
TKer Stock Market Truth No. 5 in action 🤔
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff11ef168-d030-439f-8bf5-d3f326bf0567_2676x1534.png)
Amid a flood of news about the markets and the economy, one straightforward development matters most for stock market investors: The outlook for earnings is improving.1
From FactSet’s John Butters on Friday (emphasis added):
During the months of July and August, analysts increased EPS estimates for S…
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