Jamming out of earnings season ...

It’s not illegal to own the best companies in the world, and the majority of those reside in the US. (Image: Getty)

Sat, 18 May 2024

Earnings season is all but over. Time to look at the scorecard on how markets did.Rather than unpack sales growth, margins, and the bottom line, it’s easier just to look at the major indices worldwide, as that is a clear picture of the aggregate reflected by the mob of analysts, investors, and asset managers.Below is a noisy chart of the S&P500, the Euro STOXX, the Nikkei 225, the ASX200 and the NZX50. Those are the key indices in my mind, and I get space for only five charts.They are all in US dollars for consistency. What’s no...

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