Nike’s Earnings Miss, Japan’s Semiconductor Purchase, and Markets in the Second Half of 2023 6/30/23
Morning Call
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The Recession and the Opportunity for Investors
Donna Brazile: It's surprising that so many institutional investors are looking at mega cap techs after they've had such a run this year and the valuations are getting so high. But I would actually argue that you want to look at other areas of the market right now, she says. Brazile: The economy is still in a lot better place than people realize. Wages are still rising. Inflation is coming down. Earnings actually continue to get revised upwards or earnings expectations. We're optimistic we can still be in a bull market here.
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