3 Legs of the Stool – Weekly Update Notes (June 19 – June 24, 2022)
July 19, 2022 at 10:06 AM EDT
Executive Summary 16.3x for forward valuation, and peak to trough decline of 30% this year = top decile decline 2Q22 eps season in 2 weeks: if the stocks/market are flat to up on eps cuts = fully discounted/if down-on eps cuts=more discounting to come (we are in the former) CPI prints are backward looking versus [...] The post 3 Legs of the Stool – Weekly Update Notes (June 19 – June 24, 2022) appeared first on ETF Trends .
