The earnings bar is high and Wall Street thinks it gets cleared anyway — a look at the week ahead

Earnings season starts in earnest next week and the stakes couldn't be higher. The S&P 500 is coming off a Q2 where the index averaged 7,499 — up nearly 15% from the Q1 average — while WTI averaged $92.99 on the Strait of Hormuz closure. That's a combination that shouldn't work, and yet here we are. Scotiabank's portfolio strategy team put out their Q2 prev…

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