Profits Are Threatened, Citi's Wieting Warns

The video discusses the current period of high profits and their vulnerability, predicting a decline in EPS for 2023. It highlights that not all industries will see a profit plunge, and the positive impact of fiscal stimulus on demand and profits. The video also covers the expected downward revisions in earnings estimates and how share prices may already reflect these changes.

What is the expected trend for EPS in 2023 according to the speaker?

• A significant increase

• A decline

• A moderate increase

• No change

How did fiscal stimulus affect profits according to the speaker?

• It had no effect

• It negatively impacted profits

• It positively influenced profits

• It caused profits to stabilize

What was the EPS growth percentage last year as mentioned in the video?

• 10%

• 25%

• 47%

• 60%

What is the speaker's view on the likelihood of a 10% EPS gain this year?

• It is unlikely

• It is very likely

• It is already achieved

• It is guaranteed

How have share prices reacted to the earnings estimates according to the speaker?

• They have not reacted

• They have increased significantly

• They have decreased slightly

• They have adjusted to the expectations