US Stocks Expected to Deliver Strong Q4 Earnings, but is the Bull Market Safe?

According to the current earnings reports for this quarter, the fourth quarter is expected to be the most outstanding quarter in 2023. Despite ongoing concerns about the macroeconomic situation and the drag on consumer sentiment, corporate profits have clearly exceeded expectations as we approach the midpoint of the earnings season. Some key Pro UltrPro Shrt S&Pro 500 companies have reported profits that far exceed expectations, and the energy, healthcare, and technology sectors have also outperformed expectations. The overall earnings per share growth rate for the Pro UltrPro Shrt S&Pro 500 in the fourth quarter is 7.8%, surpassing the entire third quarter and marking the highest growth rate for the year. The earnings growth rate for the Pro UltrPro Shrt S&Pro 500 in 2023 is also relatively high. However, these strong numbers have come after a sharp decline in earnings expectations at the start of the reporting season.