S&P 500 e-minis edge up after Biden pulls out of US presidential race
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Citi: Productivity gains a tailwind to S&P 500 earnings
July 22, 2024 6:44 AM EDTAccording to Citi analysts, productivity improvements are emerging as a significant contributor to the resilience of S&P 500 earnings.
As we approach the bulk of the Q2 earnings season, there are numerous macro and micro forces at play. However, Citi's focus on productivity underscores its potential to sustain earnings growth despite broader economic uncertainties.
Citi's analysts highlight that "productivity" is becoming a key component in their "earnings resilience" theme. While the impact of productivity gains... More
