Is a Eulogy Necessary for the S&P 500's 'Earnings Recession'?

US stocks' huge 31.5% rise in 2019 came amid a much-maligned stretch for earnings, which contracted in the year's first three quarters.[i] Tuesday, data showed the S&P 500's widely discussed 2019 “earnings recession” may have ended. Don't worry, that is no reason to think stocks will have a bad 2020.