BlackRock's Jewell Sees Damage to Earnings Expectations
Helen Jewell, CIO of fundamental equities at BlackRock, discusses the outlook for equities ahead of the corporate reporting season. "If you look at earnings forecasts at the moment for the year, they're still well into double digit — 15, 16, 17, 18% — so there's a lot of headroom for the earnings to come down a little bit," Jewell tells Bloomberg Television. (Source: Bloomberg)
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