TCM Wealth Advisors Market Update for May 2018
Over half of all companies that make up the broad-based S&P 500 Index, which, as the name implies, is made up of 500 companies, have reported through the end of April. So far profits are expected to rise an astounding 25% versus a year ago, according to Thomson Reuters I/B/E/S. Anything above 10%, a double-digit increase, would be viewed as solid.