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Jurrien Timmer: Earnings season to feature 23 percent growth estimate for Q2

Jurrien Timmer: Earnings season to feature 23 percent growth estimate for Q2
Earnings season brings Q2 growth hurdle

Jurrien Timmer highlights that the main focus this week will be earnings season. The growth estimate for the second quarter stands at 23 percent, which he describes as a challenging target for companies to surpass.

Timmer also recalls that last quarter, the initial estimate was 14 percent and doubled as reporting progressed, suggesting there could again be surprises during the earnings period.

Timmer has recently identified Bitcoin nearing its $60,000 support level, suggesting a possible accumulation phase. In other commentary, he observed that gold is trading 13% below its liquidity-based fair value. These assessments come as investors weigh earnings updates alongside moves in other major assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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