Writing for FirstLinks, Tribeca’s Jun Bei Lui shares her views on the upcoming reporting season:

Amid continued economic uncertainty we can expect more companies to downgrade their expectations this reporting season as a result of the slowing growth across many sectors, especially over the past month.

In the first half of 2023, profit margins were still holding up as companies were able to push through their price increases with minimal impact on demand. As the economy softens, and the impact of higher inflation and rising rates takes hold, we expect a softening profile outlook for the second half of 2023.

Click here to read the article.

Angus Test Advisor

Stephen Miller is an Investment Strategist with GSFM. The views expressed are his own and do not consider the circumstances of any investor.

Email now