It Is Now All About Earnings

💰 💰 Its All About #Earnings: IF 2023 earnings come in lower—say, at $225—and the price/earnings ratio slips to 14, the S&P could trade down to 3150, off 14% from Friday’s close
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When Volatility strikes, stock buyers are faced with paper losses until the market stabilises. Fund managers usually advise to buy bonds and the US Dollar but these are not perfect hedges
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