2min chapter

Animal Spirits Podcast cover image

Millennials Will Buy All the Stocks (EP.305)

Animal Spirits Podcast

CHAPTER

Pepsi Reports Earnings

Pepsi reports 40% revenue growth on zero volume growth. Pepsi exec says pricing that we have taken already in most of our businesses around the world, that should be sufficient. S&P earnings are tracking for a 6% decline quarter year over year or something like that. Probabilities recession in 2023, 2024, 2025. What would your breakdown be? Mine would be like 10, 50, 40.

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