Earnings Slowdown?
As higher commodity and input costs, rising wages, and softer demand acted as headwinds to corporate margins in the first half of the year, companies have finally begun to guide earnings expectations downward as the squeeze on profitability finally became too great to ignore.
In this week's highlight article, JP Morgan breaks down why they believe corporate earnings will prove more resilient than most expect.
Inflationary pressures
A deeper dive into inflationary pressures reveals how broad-based inflation has been. The share of items with price increases has picked up significantly meanwhile the share of items with price declines has fallen to levels last seen in the early 80s. These trends reinforce the need for exposure to assets that can help hedge against inflationary risks within a diversified portfolio.
What Else We're Reading
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