Over the past few months the market has had a bifurcated view.
Q2 earnings are expected to be bad, down almost 10%.
But, by Q4, analysts have almost 10% earnings growth factored in.
Global Earnings overview
Sectors
Stocks
Implications for markets
Q2 earnings are expected to be bad, down almost 10%.
But, by Q4, analysts have almost 10% earnings growth factored in.
So, we are approaching a critical juncture. Q4 starts in a little over 2 months time. If those forecasts are as optimistic as they seem, this reporting season should see some reasonably large downgrades.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer Damien Klassen and Senior Financial Adviser Samuel Kerr checked in on the reporting season to see what is happening to earnings forecasts.
Agenda:
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