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Closing Bell Overtime: Soft Start to September 9/2/22

Closing Bell

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Is There Any Reason Why Earnings Could Still Be Two 50?

Some would say there's no reason that earnings could stay anywhere close to two 50, and that they need to come way down. And even if the multiple stays higher than 15, earnings coming way down drag the market down. But i think it works in the other direction: If investors start to believe inflationary pressures are easing and we can have a rally in place and no recession, one of the big groups everyone will start buying is tator.

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