October 13, 2020Filed under: Weekly Economic Commentary

EARNINGS GROWTH IS APPROACHING

Jeffrey Buchbinder, CFA, Equity Strategist, LPL Financial Ryan Detrick, CMT, Chief Market Strategist, LPL Financial

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Boone Wealth Advisors

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This earnings season, corporate America will get closer to the return of earnings growth—which is likely in the first quarter of 2021. We probably will have another decline in profits for third quarter 2020, thoughpotentially only about half as big as last quarter’s. And we will undoubtedly hear more about uncertainty both COVID-19 and election-related. We also highlight three things investors can watch this earnings season.

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