$Apple(AAPL)$ - Thomas Hayes, Chairman and Managing Member of Great Hill Capital, believes that pessimism during earnings season is proving to be overdone.
- Despite negative forecasts, earnings season is promising based on the rollout of bank earnings.
- Hayes discusses analyst pessimism and institutional skepticism regarding the shifting economic outlooks.
- He shares his thoughts on the likelihood of the Federal Reserve hiking interest rates, suggesting that sticking to the original rate hikes would change the soft landing scenario from a 95% possibility to a coin flip.
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