Deborah Lambie: Milford Asset Management Global Equities Analyst on the start of US first quarter reporting

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Recorded19 Apr 2023

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Over in the US, first quarter earnings reporting season has officially kicked off. Despite many US companies facing a raft of challenges between interest rates, inflation, and banking turmoil, the S&P index is up by 8 percent. Milford Asset Management's Deborah Lambie says analysts are forecasting profits will be down by 6.5 percent, making it the second consecutive quarter of negative growth. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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