HomeLifestyleRetailExpectations For 3rd Quarter Earnings
Expectations For 3rd Quarter Earnings

Third quarter earnings are slated to grow at almost 28% Y/Y, says Bill Stone of The Glenview Trust Company. He thinks earnings are an important factor this quarter and earnings estimates continue for 2021 to be supportive. Bill points out the September jobs report details were better than the headline. Better retail sales figures makes a case for November Fed taper, he adds. He explains the strength in Bank of America (BAC) stock, which they own. Bill delves into the state of the U.S. workforce.

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