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The Next Big Test for Stocks | WAYT

The Compound and Friends

CHAPTER

The Economic Surprising Index

More S&P companies have pre-release positive earnings than at any point since the post-pandemic bull market. This suggests a good financial reporting season, which starts later this week. The macro environment in the second quarter was much stronger than expected. Despite the banking scare in March, the economy proved more resilient with incoming macro data topping consensus expectations by the biggest margin since the third quarter of 2020.

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