SURV_podcast_08-09-22_1
Bloomberg Surveillance
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The Equity Market Is Not Out of the Woods, Right?
The economy is not out of the woods. We're going to see residential investment contract in the third quarter, and capital spending come down because growth expectations have softened. Ah, inventories will likely be a negative, and particularly for ink,. So you'll see an inventory liquidation of some kind. I'm assuming that's all negative for jety p growth, which is negative for for growth and earnings.
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