Charts & Chat - July 9, 2023
Eric Boyce • July 9, 2023
This week, CEO Eric Boyce, CFA discusses:
1. reflecting on the missed estimates heading into 2023 now that we are 1/2 way through the year
2. some areas of economic strength heading into 3rd quarter, especially labor - what the new data is telling us about the pending labor slowdown (wages, etc..)
3. ISM Manufacturing remains weak...implications for the economy and the equity market
4. inflation trending lower, but will take a while to get to 2% target - forward expectations sticky above 2%, tho
5. Implications for the pending resumption of student loan debt payments
6. Stock market valuation headwinds and opportunities





