Catalyst Funds Portfolio Manager Charlie Ashley in Bloomberg

Earnings Are Last Pillar of Equity Strength as Rate Cuts Recede

Citigroup index shows short-term profit projections are rising
Investor confidence doesn’t mean euphoria: BofA’s Subramanian

A hotter-than-expected inflation print Wednesday morning all but removed the possibility of interest rate cuts in the near future. That leaves earnings as a last leg of support for the resilient stock market rally that began last year.