Earnings Risks May Be Skewed to Downside, BNY Mellon's Young Says

The video discusses the market's reaction to earnings, highlighting that negatives are punished more than positives. It explores the potential for an earnings recession, driven by macro headlines rather than actual events. The discussion includes sector potential for re-rating earnings expectations and the risks involved. Despite under promising and over delivering, market reactions remain muted due to pressures from trade, costs, and global growth. The overall earnings growth for the year is expected to be below average, with a focus on the back half of the year.

What concerns are raised regarding future earnings guidance?

What is the expected average earnings growth for the full year?