Citi's Wieting Sees Background for 8% Profit Gains in 2019

The video discusses potential changes in corporate profits, highlighting the impact of tax cuts which provided an 8% boost. It forecasts a profit growth of 8% globally in 2019, following a strong 2018 with 23% growth in the US, partly due to tax cuts. The slowdown in profit growth is expected to be moderate, contrary to market concerns.

What does the speaker suggest about the sustainability of profit growth above 20%?

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What is the speaker's view on the severity of the slowing of profits?

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