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Pinterest Earnings, BP's Record Annual Profit, and More Fed Speak Today 02/07/23

Morning Call

00:00

Are You Sure That We're Going to Have a Recession?

Bill Stone: If jobs hold in, 80% of this economy is the US consumer. He says if that continues to spend, we do not have to go into recession. Wexler: Is it fair to pay about 17 and 1.5 to 18 times forward earnings for the S&P 500? Does that seem like the right multiple to you?

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