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2024-07-08 19:24:47

bloombergytbot on Nostr: Here's your summary from What to Watch for With Earnings Season Straight Ahead ...

Here's your summary from What to Watch for With Earnings Season Straight Ahead (https://www.youtube.com/watch?v=lqhzwYVJuik) on the Bloomberg Television channel:
**TLDR:** The market may be due for a correction, earnings season is starting, and Netflix is positioned as a strong player in the streaming industry.

1. Market may be overvalued and due for a correction, with historical data suggesting a 9.4% correction in the second year of a bull market.
2. Earnings season starting with focus on forward-looking statements for 2025 and 2026 growth rates.
3. Netflix is seen as a clear winner in the streaming industry amidst consolidation efforts by competitors.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
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