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The Market Doesn’t Care About Your Feelings + A Cannabis Conversation

RiskReversal Pod

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Stocks Are Down 1% on the Heels of What's Going on in China, Liz.

S&P 500 earnings are still expected to be up 5% year over year. Most strategists overestimate S&P earnings a year ahead by about 7%. That and the estimate for 2023 earnings, which is still too high, that combination is a nasty cocktail for stocks after a 17% rally in my opinion.

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