Closing Bell Overtime: Nothing But Negativity? 9/6/22
Closing Bell
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Is the Inverted Curve Good for Equity Returns?
Greenspan: The one thing that doesn't get talked about a lot is the inverted curve. But i agree with bill akman that if you start getting a belief they're more dovish, that'll be good for the price earnigs ratio. In the first two months of c three, we got a five point nine % reduction in analyst estimates,. So the analysts are starting to do the work. We still have ways to go before i think the revisions are where they need to be, but we're in the midst of that.
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