We’re basically watching it unfold right in front of our eyes, and that makes for some choppy, volatile trading. Revenue Outpacing Earnings: A lot of the focus this earnings season is on falling earnings per share for many S&P 500 companies. Overall, revenue growth has slowed from 2018, but it still is generally coming in better than analysts had expected going into earnings season. Now, the worry—at least in the Energy sector—seems more focused on potential peak oil demand. Barclays sees oil demand probably peaking between 2030 and 2035 if countries adhere to their recent low-carbon pledges, CNN reported.

Source: Forbes May 09, 2019 13:18 UTC