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Accidents Will Happen in Financial Markets with Rebecca Patterson
RiskReversal Pod
The Challenges of Meeting Consensus Earnings Growth Estimates
With much agreement, we ponder the possibility of a 12% consensus estimate for earnings growth next year. However, we recognize the skewed risk that inflation may decrease slowly due to service sector wages, potentially resulting in a slowdown in consumer spending. The question remains: without a perfect soft landing, where will the consumer strength and spending come from next year?
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