CPI on Thursday, and then earnings season begins on Friday

The US CPI data will be a key event on Thursday, but on Friday, the stock earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term season gets underway. The banks traditionally kickstart the season and that is no different this quarter. On Friday the following financials will be reporting:

• JPMorgan
• Bank of America
• Wells Fargo
• BlackRock
• Citigroup

In addition to those financials, the following will also report:

• UnitedHealth
• Delta Air Lines

The earnings season is being characterized as one where the bar has been set low. That can be good and bad of course. If you beat handily because the expectations have been pushed so low, your stock can get a huge boost. Conversely, a miss, and you are toast.

Overall analysts are expecting their first year over year decline since the height of the pandemic. Earnings are expected to fall -4.1%. That is well off the 31% growth seen a year ago helped by the pandemic rebound of course.