Never Bet Against Corporate America

“The question isn't who is going to let me; it's who is going to stop me”

The classic Ayn Rand quote could very well be applicable to the state of the American industry right now. With sentiment turning and the Magnificent 7 smashing expectations, U.S. corporates are once again proving resilient. Never ever bet against the US corporate. The following charts will focus on the resiliency and earnings power from a more short-term market perspective and in relation to the dooms-day feeling there was in the markets regarding corporate America just a few weeks ago.