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Wall Street’s upbeat earnings expectations set high bar for US companies

Wall Street expectations business, I never understood, what is all about. Other than market manipulation and speculation, of course.

Pending this, earnings is always an attentive issue for businesses and corporations. Plus it happily lands us, right up to the next topic of favour, which is valuations.

https://www.ft.com/content/b47faaca-37cf-4259-b2ce-b2815346b6cf

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