Larry Williams Drive

The fourth quarter earnings coming out of US markets leave a lot to be desired, according to experts. Credit Suisse estimates that the first and second quarter earnings for 2023 are likely to disappoint US companies in the coming months. Sam Dickie from Fisher Funds says the US is likely in an 'earnings recession', and profit growth is at -5 percent. Sam Dickie says that these fourth quarter earnings are a sign of an earnings contraction, and this will likely get worse with time. LISTEN ABOVESee omnystudio.com/listener for privacy information.