Bloomberg Wall Street Week - July 7th, 2023
Wall Street Week
00:00
The TAC Sector Is Due for a Correction
earnings at the S&P have been about $55.00 per share on a seasonally adjusted basis for the past two years. Most of the top line growth that we're seeing is really just inflation and basically the same things occurring at earnings. The whole market's just overly counting on TAC to make up for what's likely anemic earnings growth everywhere else.
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