
EARNINGS KICK OFF 7/14/23
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How to Hold Up on Earnings to Keep the Rally Going
The S&P 500 is up 17.6% on the year, but earnings are still almost 13%. 7 out of 11 sectors are expected to post low single digit or negative EPS growth. If interest rates don't continue to go up, you could get from a 19 times multiple to 2021. That's one way or you broaden out and actually beat that.
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