trader surprised shocked
  • The S&P 500 looks on track to have the strongest earnings season since the third quarter of 2021.
  • 82% of S&P 500 firms that have reported earnings so far have beat expectations, according to FactSet.
  • Earnings are telling markets four things about the state of the economy, Bank of America says.

Corporate earnings look just fine this quarter – and that's saying a few things about the US economy's future. 

Bank of America in a note on Monday pointed to so-far resilient earnings season, despite earlier concerns on Wall Street over a sustained slowdown in corporate profits.