Friday Nov 10, 2023
Do recent earnings point to recovery or recession?
This earnings season delivered some mixed messages, says IG’s Assistant Vice-President, Investment Strategy, Ashish Utarid. While 82% of S&P 500 companies outperformed earnings projections, only 48% outperformed total sales expectations. Ashish dives into these apparently contradictory results to explain what they mean for manufacturing, consumer behaviour and a likely recovery.
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