Varney: ‘It’s Going To Be a Very Good Week for Profits for American Corporations’

EXCERPT:

VARNEY: "I’m saying it is going to be a very good week for profits for American corporations. And it'll better to be, by the way. Because if it’s not a good week watch out for 401(k). Here’s the story. This week is when the big, big corporations start to report how much money they've made in the first quarter of the year. All the predictions are there is going to be a very, very good result. That we will go up in profits maybe 10 percent. That's a pretty good number. That would be the best performance in years."