Corporate Earnings and Stock Prices: Is There Really a Correlation? | Elliott Wave International
May 2, 2019 6:32 pm
It seems to make sense that rising corporate earnings would equate to rising stock prices, and vice versa. But, the stock market is not governed by logic. With earnings season in full swing, it’s a good time to examine the widespread belief that earnings drive stock prices.
It seems to make sense that rising corporate earnings would equate to rising stock prices, and vice versa. But, the stock market is not governed by logic. With earnings season in full swing, it’s a good time to examine the widespread belief that earnings drive stock prices.
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