“While a big gap is still expected for 1Q, the [earnings] growth differential is expected to narrow meaningfully in 2Q (+20% for the Mag. 7 vs. +8% for the 493), close the gap in 3Q and reverse for the 493 in Q4.”
"The share of households expecting their financial situation to improve over the next year just hit the highest levels since September [2020] and the second-highest since the start of COVID."
"US companies have announced $105 billion in planned share repurchases in the first seven days of February, surpassing the full-month tally in January. It’s the strongest start to a February ever... and the second-best start to a year after 2023."
