Robust earnings progress may masks hassle indicators forward, Citi’s Levkovich says

Tobias Levkovich Chris Goodney | Bloomberg | Getty Pictures The inventory market could also be about to enter a more durable surroundings primarily based on earnings, in accordance with Citigroup chief U.S. fairness strategist Tobias Levkovich. Levkovich mentioned that for the primary quarter, damaging preannouncements are at a 25-year low in comparison with optimistic ones,


Tobias Levkovich

Chris Goodney | Bloomberg | Getty Pictures

The inventory market could also be about to enter a more durable surroundings primarily based on earnings, in accordance with Citigroup chief U.S. fairness strategist Tobias Levkovich.

Levkovich mentioned that for the primary quarter, damaging preannouncements are at a 25-year low in comparison with optimistic ones, and earnings progress expectations have elevated to 23% from 15% over the previous few months.

However hassle may very well be lurking forward.



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