US eqty: G5 Credit Impulse printed at 20yr lows on fiscal drag + China de-leveraging + insufficient bank lending pickup. While analysts expect earnings to grow by 8% in 2023, Credit Impulse sees double-digit EPS contraction. Earnings will disappoint hard - @MacroAlf $SPX (=/-)
US eqty: G5 Credit Impulse printed at 20yr lows on fiscal drag + China de-leveraging + insufficient bank lending pickup. While analysts expect earnings to grow by 8% in 2023, Credit Impulse sees double-digit EPS contraction. Earnings will disappoint hard - @MacroAlf $SPX (=/-) https://t.co/fgCWuuKX4n
