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Q3 Earnings Growth Reliant on 7 Mega-Cap Firms, Recession Risk Persists

Q3 Earnings Growth Reliant on 7 Mega-Cap Firms, Recession Risk Persists  Yesterday, while reviewing the Q3 earnings season outlook, something notable emerged: Bank of America reported that overall Q3 earnings were expected to grow by a modest 4%, entirely driven by a 19% rise in the earnings of the "Mag 7" companies. This marks a drop from 37%...

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