“While earnings estimates have started to fall, we feel estimates for 2023 still need to fall significantly from current levels, a process that may serve to limit equity returns for the next few quarters.” — Donny Moss
Key Takeaways:
- Q3 earnings are generally better than feared.
- Economic concerns persist, but the consumer continues to spend.
- Sticking to our process, focusing on durable stocks.
![Read the full article](https://no-cache.hubspot.com/cta/default/4733265/c1514c45-77af-4d55-a390-d6061e5bfc73.png)
Donny Moss, CFA
Senior Director, Portfolio Manager, North American Equities, iAIM