Newsclips
Q2 2023 Earnings Preview
July 11, 2023
Q2 2023 earnings reports get underway this week. S&P 500 operating earnings are expected to decline further in 2023, with a rebound later in the year and into 2024.
Q2 2023 earnings reports get underway this week. S&P 500 operating earnings are expected to decline further in 2023, with a rebound later in the year and into 2024.
Today's topics include previewing tomorrow's inflation report, the seven names that drive the market, getting back to 2% target, used car prices fall, NY Fed's Williams says no recession, bankruptcies on the rise, the cost of New York luxury, offices saw less activity around the July 4th holiday, and who should worry the most about losing their job to AI?
Today's topics include QT's effect on RRP, banks' loan losses, does tech's dominance have further to run?, stocks climb a wall of worry, China close to deflationary territory, some perspective on rising debt servicing costs, keeping an eye on real yields, remember Austria's century bonds?, and FedNow
Payrolls failed to beat estimates for the first time since March 2022. Traders still expect a hike at the July FOMC meeting followed by a September pause.
Today's topics include a bond market breakout, how do interest rates cool inflation?, on Fednow, Americans working fewer hours, the rise of private credit, US still attracting foreign investment, and the global travel boom
Today's topics include previewing tomorrow’s payrolls report, RRP usage falls to lowest level since May 2022, rising rates aren't always good for banks, greedflation gives way to wageflation, the case against further rate hikes, U.S. vs. European inflation, New Yorkers forego the mortgage, and social unrest & stock returns
Today's topics include persistent inflation, estimating the neutral level of rates, central banks begin to diverge, overestimating job growth?, rising rates & stocks, rising rates & maturing corporate debt, Dudley on deposit insurance, the cost of storing crude oil, and betting on the Pound