
Bull Market or Bear Bounce? 1/19/23
Halftime Report
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The Recession Is Not Going to Be Equal Across All Sectors
Tech is still like around over 30% of the S&P and so I think that we've seen with Microsoft we see with Amazon you know they are bracing for harder times. This quarter is going to be incredibly important from the guidance of the tech companies because if they are guiding lower not earnings estimates but actually guiding lower then it's going to put pressure on earnings. So I do think there'll be other sectors that will that will benefit and this recession isn't going to be equal across all sectors.
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