Reported about 4 hours ago
George Mateyo, Chief Investment Officer at Keybank, discusses the Q3 earnings season, estimating earnings growth will exceed current forecasts of 4%, potentially reaching 8%. He notes historical trends show that actual earnings typically exceed expectations, highlighting strong year-over-year growth for five consecutive quarters. With an optimistic view heading into 2025 and focus on quality stocks, Mateyo also cautions about potential market pullbacks due to full valuations.
Source: YAHOO