Strong earnings surprise in Q2
The latest update on second-quarter investment-grade earnings reveals a positive surprise of 5.5%, slightly lower than the 6.7% surprise in the first quarter but significantly higher than the pre-Covid average of 3.7%.
Yes, the market was overextended just three weeks ago, but anyway, this is an interesting view when comparing the current context with 2022.
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https://x.com/SmartReversals/status/1821000838795366771
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- chlomon·08-11good thingLikeReport
- LEESIMON·08-11🩷GoodLikeReport