Is There a Gap Between High Growth and Low Margin Stocks?

High growth but low margin stocks are trading at levels that would be consistent with a further increase in real interest rates, which is part of the goldman sack's economics forecast. So certainly to go lower, but a dramatic repricing of almost 50 cent from where it was in early december to now has gone a long way to come back to one normal valuation. But our view is it's largely lad of that is priced in the market. Anythingis possible. We're expecting pretty strong season, earning season. Expectations, nearly 20 % earnings. And they were expecting profit growth of around eight sent, largely a function of steady improvement inmargens. Yet no one knows how much of