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Recession and stagflation don't happen often in the grand scheme of things... 90% of the time we avoid them...
Source: BofA
S&P 500 companies continue to outpace earnings expectations, but not quite as much on the sales side.
But now we are seeing these expectations rise, so the quarters ahead may become a bit more challenging as we may see earnings growth slowing at the same time. Source: Bloomberg, Markets & Mayhem
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