Week Ahead: Earnings and Economic Reports Tell Tale of Recovery

http://www.cnbc.com/id/36340822

"It's hard for analysts to build the macro picture into their earnings numbers. At the beginning of a recovery, they tend to be too conservative. At the beginning of a recession, they tend to be too optimistic," Keon said. He said the consensus view is for earnings growth of around 30 percent. "My guess is it'll be something better than that."