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Earnings Season Will Now Kick Off with JPMorgan, Not Alcoa

Alcoa used to kick off earnings season, giving investors insight into the health of the economy. As of September, Alcoa is no longer a member of the Dow Index and its earnings have lost their importance to the larger market. Jon Corpina of Meridian Equity Partners believes the focus will shift to JPMorgan and Wells Fargo. The banks will give a better indication of how the economy is faring with regards to consumers, better than an industrial company.