Business
Markets positioned for a Biden election victory – Sydney Morning Herald
Market participants remain on edge heading into the final week of the US election campaign. The markets are still positioned for a increasingly likely Blue-wave….
US earnings
Corporates across the S&P500 continue to outperform market expectations. Of the 134 companies that have reported, 85 per cent of firms have beaten analyst estimates well above the historical average of approximately 72 per cent. Forecasts for EPS growth across the index for the quarter also improved last week to -16.5 per cent, up from -21.5 per cent at the start of the reporting period. Arguably, the biggest week for US earnings comes in the week ahead, with the likes of Apple, Amazon,…
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