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Beyond Green Washing, Now There's Diversity Washing
Bloomberg Businessweek
Are We Going to Recession?
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The volatility we've seen this week is really a reflection of that battle between do we get it going to recession? Do we not? And how badly are corporate profits going to come down? But I mean there are some tailwinds to corporate profits. One the dollar is well off its peak. That should be good for multinational earnings. Corporations continue to do major cost cutting. Inventories are lean. And China reopening is going to be a positive as well. So maybe even in a no growth or slight recession, profits will hold up better than one would think in that type of environment. Carol said it earlier today thinking differently maybe about 60-40 portfolio this year?
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