Earnings, not valuations, drive stocks, Fidelity's Timmer says
Reported by Seeking Alpha · seekingalpha.com · August 12, 2026
Fidelity’s Jurrien Timmer says the stock-market rally is powered by earnings growth, not P/E expansion—unlike 1999.
What the tape says
What to watch: Potential opportunity in Earnings — evaluate fundamentals before acting.
Market reaction today: $FIS +0.15%
Tone and severity are deterministic keyword classification — not a prediction, a member vote, or a recommendation. Figures are extracted from the headline as published. Wook does not republish Seeking Alpha's reporting.
Your read
Discussion
No one has weighed in yet. Start the discussion on this story.
Headline and link are attributed to Seeking Alpha. Wook of Wall Street is an independent research tool and is not affiliated with Seeking Alpha. Nothing here is financial advice or a recommendation — research and educational content only.