Client Letter | Big Week for Market Watchers | August 3, 2022
James Hendries
AUGUST 15, 2022
with a Schumer-Manchin agreement on a climate-healthcare-tax bill and some inflation data that added to the evidence that inflation has peaked. Estimates for the second half of 2022 and 2023 have come down as expected, but with expectations so low, stocks generally rallied on results even as estimate were cut.
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