53% of companies have topped revenue estimates and 69% of companies have exceeded earnings forecasts, says Rob Fleming. He discusses how stocks are lower ahead of Jerome Powell's speech. He talks about how recent employment data could change Powell's tone. He then goes over the investment outlook for 2023, as well as trends in a volatile market. He notes that the market has been faltering the last couple of days, but what we heard from the Fed is much stronger than expected. He mentions the type of stocks that investors should choose include companies that have maintained and expect strong profit margins for most of the past year. Tune in to find out more about the stock market today.
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