FlowBank

1114 days ago • Posted by William Ramstein

Biden plan could push firms' EPS down -7% by 2022

Tech, Health Care and Consumer Discretionary might take a hit. So would financials despite a rising inflationary scenario which is odd but also makes sense considering inflation hurts purchasing power, thus spending, thus the volatility of money upon which payments and financials capitalize via fees.

Source: BoA research

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