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A Mixed Bag of Earnings So Far, Latest Sentiment & Valuation Developments

EPISODE · Jan 30, 2024 · 6 MIN

A Mixed Bag of Earnings So Far, Latest Sentiment & Valuation Developments

from RBC's Markets in Motion

Three big things you need to know: First, we’d describe 4Q23 reporting season as a mixed bag so far. Second, in our transcript review we were struck by the wide range of views on the macro backdrop and outlook as well as the continued emphasis on the challenges associated with inflation and higher costs. Third, things that jumped out in our high frequency indicators last week included some modest improvements on some of our sentiment and valuation models. Plus, one bonus thought on the US Presidential Election.

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A Mixed Bag of Earnings So Far, Latest Sentiment & Valuation Developments

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