Important insights into the economy have emerged during the Q3 Earnings Season. Brett provides updates on the latest earnings reports, with 91% of S&P 500 companies having shared their Q3 2024 results.
Seven of the eleven sectors are seeing year-over-year growth, while four are experiencing declines in earnings. While Q3 earnings have been mixed, the outlook for the future remains bleak. The Fed has wisely cut rates again and is expected to make another reduction in December.
It is no longer a theory, this economy needs a boost!