CNBC Television published this video item, entitled “Watch for earnings, not peak earnings growth, BofA’s McGregor says” – below is their description.
We shouldn’t be worried about peak earnings growth, just about earnings, Marci McGregor from Merrill and Bank of America Private Bank tells ‘Closing Bell,’ ahead of a week of earnings reports from major tech companies. Paul Hickey from Bespoke Investment Group points out that many companies are reporting high profit margins because they’re setting new prices much higher than existing labor and supply costs.CNBC Television YouTube Channel
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