With valuations stretched, American stocks need to deliver the goods this earnings season. Companies must grow their profits and defend their margins or risk the end of the S&P 500 bull market. And in today’s Dumb Question of the Week: What is a ‘blackout period’? --- Get a FREE share 🎁 worth between £10 and £100, exclusively for Many Happy Return's listeners.  Ready to claim your FREE share?  1️⃣ Open a Freetrade account via Freetrade.io/pensioncraft 2️⃣ Fund your account with at least £50  3️⃣ Freetrade will drop the free share into your account within 7-10 days!  Thanks to Freetrade for sponsoring this episode.  Capital at risk. The probability is weighted, so more expensive shares will be rarer. T&Cs apply. --- Get in touch 📧 [email protected] 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube --- Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2023 Many Happy Returns