Strong Growth, Scarce Capital, and the Earnings Test
GDP is tracking near 5% and Q2 earnings grew over 50% — but capital has a price again. Tom Moran on growth, scarce capital, and the earnings test facing equities this quarter.
Skip to content
GDP is tracking near 5% and Q2 earnings grew over 50% — but capital has a price again. Tom Moran on growth, scarce capital, and the earnings test facing equities this quarter.