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Countdown to Earnings Season, and Could Prime Day Be the Last Gasp For Retailers? 7/10/23

CNBC's "Fast Money"

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The Recessionary Trend Idea

Faxet's numbers on earnings estimates for Q2, they're looking for down 7% or so. If that happens, maybe it was masked by the energy out performance last year. I think we are in for something we're not expecting, which is higher markets at the upper end of a range right now. But ultimately, you're still not going to see any sort of cut this year likely.

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