
Ep 373. Fed Raised 75 bps, Inflation Persistence, and Value Stocks from Midcap Stock Screener
Focused Compounding
00:00
Do You Think the Market Can Predict Future Earnings?
I don't think that the market does correctly predict future earnings in any sense It does seem to react really strongly to short-term interest rates. Trying to predict it is also difficult because the Fed doesn't know what they're going to do so I mean They had a press conference. So this isn't This is just you know my comments based on Sort of an interpretation of what was said in the press conference But basically there's no evidence that inflation is coming down.
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