Weekly Investment Strategy

Review the latest Weekly Headings by CIO Larry Adam.

Key Takeaways

  • The third quarter 2022 earnings season may be better than feared
  • The consumer is healthy but becoming more discerning
  • Strong earnings expected from the energy sector

Yesterday was World Statistics Day! While it is only officially celebrated every five years, we can always appreciate the importance of statistics in our everyday lives. Whether it’s calculating the time it takes to get to the office, breaking down a monthly budget, or monitoring the weather, numbers are all around us. And over the next two weeks, when over 60% of the S&P 500’s market capitalization reports third quarter earnings, investors will have even more statistics to analyze. But as we’ve said before, it's not just the results but the accompanying forward-looking commentary from CEOs that helps craft our outlook for the months ahead. Why? The results are backward looking, but the projections for the future give us real-time insights or ‘boots on the ground’ analysis.