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In contrast to the end of 2018, 2019 has brought new life into the markets. The S&P 500 has gained 13% for the quarter, recovering over 90% of the December dip and now sitting just about 3% off of all-time highs.
Source: WSJ
Earning season will be kicking off in mid-April. Current expectations are showing year-over-year revenue growth of 4.8% with a contraction in earnings, a -3.9% year-over-year change. Normally a red flag, the negative growth can be primarily attributed to the step jump in earnings last year due to the tax reform. Notwithstanding the