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Stocks Set To Drop Further Due To Margin Contraction, Warns Money Manager Peter Boockvar
Stocks have fallen for a number of reasons this year. But there's another shoe that's about to drop that should send equity prices even lower: margin compression. Despite companies' profits getting squeezed by higher input costs due to hot inflation AND rising costs of capital, Wall Street analysts are still projecting robust earnings growth for 2023. See the YouTube Video for the charts and graphics: https://youtu.be/0N8g1caffSQM
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Published on 3 years ago