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It's earnings central once again.
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The economic lifeblood of the middle class is labor earnings and the central tenet of raising middle-class incomes - the number one priority at the moment - is increases in (inflation-adjusted) earnings.
On weeks when his expenses exceed his earnings, though, the South Central Los Angeles resident has no remedy.
Since poor visibility has become a central theme for earnings, investors should focus more on how the market handles disappointing earnings and guidance, says Jim Maguire Jr., managing director at LaBranche.
Pay remains a central concern on Wall Street, with big banks still reporting large compensation figures in the latest round of earnings.
Good economic reports, strong corporate earnings and fresh support from central banks have apparently eased investors' concerns about another economic slowdown.
The biggest bank in Spain and Latin America, Santander Central Hispano, said earnings stalled in the first quarter as lending slowed and it had no profit in Argentina.
But while they may not be happy about it, many companies are nonetheless adopting some of the ideas central to core earnings.
The price tag announced yesterday is roughly 11.8 times Central's expected earnings in the current year, before interest, taxes and depreciation, only slightly higher than the value given to the Times Mirror earnings in the Tribune Company deal.
"But the absence of spare capacity in the economy apparent in surveys suggests that there are also upside risks to the central projection for earnings and inflation over the forecast period.
Unfortunately, several caveats apply to the Fed's earnings reports because of the central bank's unique accounting protocols.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com