Reported 11 months ago
As the Q3 earnings season progresses amidst economic uncertainty, market strategist Michael Reinking highlights the solid performance of major banks that exceeded expectations and a positive outlook for corporate earnings. He is focused on the narrowing growth gap between megacap tech stocks and the rest of the S&P 500. Reinking also points out the impact of cost-cutting measures that companies are implementing, suggesting it could provide operating leverage moving forward.
Source: YAHOO