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Wall Street Gears Up for Earnings
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Wall Street traders betting on another solid corporate earnings season sent stocks higher despite lingering concerns about still-elevated energy prices and bond yields. Brent crude fluctuated around $104, bringing little relief to investors worried about inflationary pressures that could make the Federal Reserve raise interest rates. Corporate America is now navigating one of the strongest profit cycles in recent history, with the S&P 500 posting seven consecutive quarters of double-digit earnings growth. On today's episode: Seth Fiegerman, Bloomberg News AI…