Last Friday’s employment report illuminated that the U.S. economy continues to recover from its pandemic-induced shutdown. Indeed, the Atlanta Fed GDPNow U.S. real GDP forecast for the current quarter is an astounding 20.5%! Bouncing back from the worst ever post-war economic collapse, the U.S. is headed for some gaudy economic numbers in the contemporary quarter. The question facing investors is what are the implications for earnings results next year?