Why An Earnings Reset May Be Coming For Big Tech

Crit Thomas says to expect that over the next 6 months, there is a high risk the market and earnings drop. In the near-term, he recommends being more conservatively positioned. Thomas also said tech earnings risk remains, and as we move further away from the pandemic there could be an earnings reset. He thinks energy makes a compelling case, while staples are expensive and semiconductors are more risky.

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26 Jul 2022

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