[TradeSmith Daily]( Earnings Slowdown: 3 Things to Know Before Panicking
When Quantum Edge Pro Editor Jason Bodner shared his 2023 investing outlook back in December, something he said in his introduction really jumped out at me. “I spend a lot of time rectifying whatâs going on in the media — news, headlines — versus what is actually happening under the surface.” I thought about that quote as all Iâve recently seen — as Iâm sure you have too — is the news cycle dominated by headlines about slowing growth:
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Jason recently shared with his Quantum Edge Pro readers three guideposts for navigating the bombardment of earnings slowdown news as an investor. The first is to keep any potential worries about an “earnings recession” in perspective. “Letâs just use Microsoft as an example. Now, the thing is, cloud computing and Azure specifically grew immensely like Jack and the Beanstalk for the past three years. So now theyâre talking about maybe a 4% to 5% slowdown in growth. Itâs really not that bad, people. But, you know, nobody wants to hear negative news.” The second was that a lot of this slowdown in earnings growth shouldnât be a surprise for the tech sector. “Everybody got crazy about the metaverse and cloud computing and all these things. And all of a sudden, when economies slow down, people are thinking about very practical things, like, âHow am I going to fill up my car?â âHow am I going to put food on the table?â You know, more direct-to-consumer concerns than the engine of economic growth.” RECOMMENDED LINK [My #1 way to make money right now](
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And the final thing “underneath the surface” of this early bearish earnings news cycle is one of the most important pieces of advice you may hear all year, which Jason shares at the 5:56 mark in the video below:
Enjoy your Tuesday, [Keith Kaplan]Keith Kaplan
CEO, TradeSmith P.S. All last year, 3,700 lucky people shared the opportunity to pocket potentially hundreds of dollars per week in immediate cash payouts. They did it by using an incredible income-generation system featuring a cutting-edge algorithm with a win rate of nearly 95%. [Click here]( to watch me show two ordinary people how to collect hundreds of dollars without touching a single stock. [Download now on the Apple Store](
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