Market’s Changing of the Guard
MRKT Matrix
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The S&P 500 Earnings Forecast for Q4
The estimated earnings growth rate for Q4 for the S&P 500 falls to 3.9% from 8.2%. I think there's probably going to be a bit of a root awakening still with profit margins, and we're probably going to hear about that in the second quarter or third quarter. The best financials is going to be at 21%, but consumer discretionary will also struggle given this environment.
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