China Ban, ETFs, Hyatt, and Markets (Podcast)
Bloomberg Intelligence
00:00
How Much More Downside Do You See Out There for Earnings?
We've been talking since the middle of last year that earnings expectations for 2023 were too rich. We think that that 3% growth is probably still optimistic, especially given that corporate profit margins are coming off of historic highs. For most of our clients, ETFs are a great vehicle. They're very liquid. They're cheap to get in and out of. You can get access to a very broad, diversified basket of stocks without having to worry about buying individual securities.
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