Poor Earnings Season May Not Stop a Market Rally, JPMorgan Says

(Bloomberg) -- The coming earnings season is likely to be ugly, but that may not be taken badly by an equity market that’s already anticipating negative news, according to JPMorgan Chase & Co.

Particularly weak activity indicators in Europe suggest the coming season is likely to be challenging and below consensus estimates, according to strategist Mislav Matejka, who has cut his expectations for the region’s earnings-per-share growth by 3 percent for the year.

https://finance.yahoo.com/news/poor-earnings-season-may-not-110215628.html