Stocks: Smooth Sailing

U.S. stocks are enjoying smooth sailing from corporate earnings as we head into the last two months of 2017. Results for the most recently completed third quarter so far have been strong despite some notable cross currents. And the outlook for the next few quarters is also holding up well. All of this is supportive of further stock market gains in the coming months despite increasingly premium valuations. But challenges remain including an increasingly high bar for corporations to clear going forward.

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Published by Eric Parnell

Registered Investment Advisor

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