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Rosen: Earnings Keep Stock Market, Mag 7 in "Pretty Good Shape"
Description
Michael Rosen sees markets in "pretty good shape" right now. Even though higher energy prices hit American checkbooks, he points to rising corporate profits and resilient consumers as key anchors keeping Wall Street tied to the growth story. Looking ahead to Mag 7 earnings, he believes the Wall Street juggernauts will continue to build on its balance sheet even if CapEx rises.
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