Rate Of ReturnEarnings season is fully underway, with increasing Capex and earnings misses contributing to steep one day dips even for…
Earnings season is fully underway, with increasing Capex and earnings misses contributing to steep one day dips even for major companies like Alphabet, Amazon, Intel etc. Ahead of next week's local banks earnings, I think another pullback could be on the cards if earnings don't live up to expectations. Regardless, I don't think we are at an economic slowdown per se, more of reality settling in after enormous rapid growth in the past year
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