Shares of 3M are down more than 5% today. CEO Mike Roman said that he and his management team expect macroeconomic challenges to persist in 2023. The company also announced that it is cutting 2,500 jobs.
How long will macroeconomic pressures persist in 2023?
(0:21) Asit Sharma discusses: - Johnson & Johnson's 4th-quarter profits falling 25% - Why he likes the company's balance of pharma and medtech - 3M's challenges and why an increase in consumer-facing solutions may be a better route
(10:40) Alison Southwick and Robert Brokamp answer your questions about saving for retirement, bonds, and more.
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Stocks discussed: JNJ, MMM, BND
Host: Chris Hill Guest: Asit Sharma, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl
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