Declining earnings…Unfavorable valuations 221211

http://media.blubrry.com/wealthsteading/www.wealthsteading.com/podcastepisodes/wsp_393_221211.mp3Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Google Podcasts | Stitcher | RSSEpisode 393:  Earnings estimates for 2023 are being revised down sharply and if the Fed’s terminal rate gets to 5%, then valuations are extremely unfordable.       Sign up for free ALERTs & Market Commentary at:  https://www.investablewealth.com/subscribe/ ——————————————————