Global Earnings Are On The Rise

Day to day market movements tend to distract investors from underlying factors that create powerful long-term trends.

Fundamentally, equities are priced off of anticipated earnings. Investors can get ahead of themselves in anticipating the actual degree of earnings acceleration, but higher earnings are the simplest and most fundamental driver of higher stock prices.

As such, we should not be surprised by the move that is currently going on in global equities:

LINK: Global Earnings