Equities, Cannabis, Chips, And Geopolitics (Podcast)
Bloomberg Intelligence
00:00
Inflation and Earnings Confusion
Inflation and earnings confusion. This is a very, very difficult point to take any individual companies as a representative of what's going to happen for the market at large. That sounds less like confusion and just like a huge loss, right? Yeah. Well, I mean, look, we would be remiss not to note that what's been happening in the auto space has also been completely contrary to historical experience over a cycle. We can't get cars. Cars aren't coming into the United States. They're going to start coming into the U.S. at a point in time where interest rates are increasing. This is just completely bizarre and a bizarre experience in the earnings stream.
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