4min chapter

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

Get ready for an ugly earnings season

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Is the CPI Going to Get Slammed?

Roland Martin: I knew this number was going to come in hot if you, if you study the numbers. The Fed's it's like, hey, unemployment is strong. We're good. And even when we were at 3%, they're not even stopping and waiting at 4.75%, right? Which is, which is sick. All throughout all of next year rates are going to be significantly higher. Look at the chart that I show you with earnings where they were 2018-2019,. Where we couldn't grow earnings, get the market went out, we trained 25 times forward earnings., 1000 earnings were $160. They're now expected to be 2%. It can love in trillion

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