Our market outlook looking ahead to 2023
Portfolio Intelligence
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Equities - What Are You Advancing Clients With Fixed Income?
We're most of the way through Q3 earnings season, about 90% of companies having now reported we're looking at blended growth of about 2%. So not as bad as feared. The fear was that earnings were going to be worse than they were. But broadly speaking, we are seeing a moderation in earnings estimates. 2023 is also expected to see about nearly 6% earnings growth, but earnings estimates are softening.
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