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Corporate America's incredibly profitable pandemic

Posted on AllSides January 14th, 2022
From The Left

Companies are about to blast out a blizzard of quarterly profit and sales numbers over the next few weeks, as the carnival of Q4 corporate results kicks off.

Driving the news: Large banks will open the floodgates, issuing reports early Friday that mark the unofficial start of earnings season on Wall Street.

Why it matters: Earnings reports tell investors, analysts and economists how the economy translates into sales and profits for corporations. They also make stocks move — sometimes a lot.

The big picture: So far, corporate America has had a very good pandemic....

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