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Get ready for an ugly earnings season
Wall Street Unplugged - What's Really Moving These Markets
What's the Risk of Not Giving Forward Guidance?
The risk is if you don't give guidance, you're stocks and get nailed. Even Pepsi like Coke, some of the food companies, I think they're able to get some sort of guidance. If you're a technology company, holy shit. Most of their profits come from overseas. Their earnings are going to collapse just for that. Throw in demand destruction where China still, you know, the growth engine of the world.
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