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Markets, Chevrolet, and Hunter Biden (Podcast)

Bloomberg Intelligence

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The Impact of the Labor Fight on Corporate Profits

I think we're getting close to that. I've started to see some signals in earnings reports this past quarter that companies are making improvements in productivity enhancement. So I wouldn't be surprised if next year is marked by a period of slightly increasing margins and getting a little bit of upside on the earnings. It's always, of course, tough to time these things point to point. But I think we're really struggling for some fuel here. Not much reason to be overly pessimistic. Stocks look relatively fairly priced to me.

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