Q1 Earnings Recap: US Large Caps Climb the “Wall of Worry”
By Adam Grossman, CFA SUMMARY A “higher for longer” rate environment creates headwinds for markets, in our view. In the face of these headwinds, US Large Cap earnings have proved resilient. Other markets have not fared as well, with the exception of Japan. “The only thing we have to fear is fear itself” – Franklin Delano [...]
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