AI earnings will be 'underwhelming' in Q2: Portfolio manager

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John Mcclain News

Market Insights,Portfolio Manager

As the second quarter earnings season kicks off with major banks leading the charge, Brandywine Global portfolio manager John McClain joins Wealth! to share ...

As the second quarter earnings season kicks off with major banks leading the charge, Brandywine Global portfolio manager John McClain joins Wealth! to share his market insights.

However, McClain emphasizes that current market dynamics extend far beyond bank earnings. He notes,"Everybody's really waiting for the election coming up, so I think that we're not too particularly worried about what the banks are going to say and the reaction function at this time." With economic uncertainty and market volatility, 2024 is shaping up to be an ideal year to consider savings bonds. These bonds offer the security of government backing, potential for steady returns...Key Insights Insiders appear to have a vested interest in Westport Fuel Systems' growth, as seen by their sizeable...

 

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