2min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Retailers are in big trouble

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Is This a Good Earnings Season?

"This was not a good earnings season. Down over two percent earnings year over year, we're going to be down over five percent," he said. "Most names are trading at very expensive valuations." He added that the macro backdrop shows inflation isn't coming down fast enough.

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