Saturday, July 9, 2022

Stock faithful revive prayers that all the bad news is priced in

“Some element of the earnings compression has been priced in. Probably not all of the risk there, but that’s probably not crazy,” said Matt Benkendorf, chief investment officer at Vontobel Quality Growth Boutique. “The market gets quite scrambled when it has to digest a few exogenous things at once.”

from Economic Times https://ift.tt/QGwMBYh

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