Katie Martin

Thanks very much.

A good chunk above 80% of companies in the S&P 500 have beaten what were already pretty lofty expectations for the money they're making.

And it's not just in AI.

Today on the show, heaven knows, it pains me to say it, but it's the Buy America trade.

This is Unhedged, the markets and finance podcast from the Financial Times and Pushkin.

I'm Katie Martin, a markets columnist at the FT in London, busily memorising the entire internet in advance of the FT Alphaville pub quiz tonight.

All the way from over there in the land of bumper earnings, it is the big fella, Mr. Robert Armstrong, who today has been put in a special chair for recording this podcast.

Yeah, whatever it takes.

This is the start of the fight back against a very wiggly, wriggly Robert Armstrong.

Sit still Armstrong!

We digress.

Rob, tell me, what the hell?

What the hell?

Like, earnings season is just like... I've never... It's cray cray.

Yeah.

But just a little bit more on the scale of this thing.

So as you say, mid 20s percent in the first quarter year on year.

That's like a lot of earnings growth.

It puts us at roughly a four year high.

And one of the weird things about that is that sometimes you see these explosions in corporate earnings growth when you're coming out of a recession or you're coming out of some sort of shock.