Daily Note

The Earnings Recession

Aug 29, 2022

Thomas Thornton

  • There is an earnings recession ahead.
  • I've seen a few in my career, and this period reminds me of Q3 2000
  • A lot of big companies surprised the markets when they guided down
  • I posted what the charts looked like for some of those big companies
  • No new Trade Ideas as I want to see if today's lows hold
  • An update on Cannabis
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