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Dismal Earnings, Bullish Stock Investors and the Fed’s Invisible Hand

27 May 2020

First-quarter profits shrank at the fastest rate in over a decade. Analysts don’t like what they see coming down the pike. Investors keep pushing stocks higher.

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This content was originally published by New York Times Dealbook. Original publishers retain all rights. It appears here for a limited time before automated archiving. By New York Times Dealbook

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