Two-Way Street

Dueling Headlines on Corporate Profits

A little contrast in headlines today ...

From the Wall Street Journal: "Profits Thrive Amid Weak US Recovery".

And from our good friends at The New York Times: "Profit Lag May Hinder Stock Rally".

These are two decidedly different takes on what to expect from the upcoming earnings season. I suspect the truth will lie somewhere between the two and we'll have a muddling along market. Still, I'm a sucker for headline juxtaposition.