Daily Morning Call
From the Floor: Equity investors chasing an illusion? — #SaxoStrats
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The Q4 earnings season is approaching fast and Saxo Bank head of equity strategy Peter Garnry feels that overly high EBITDA expectations may mean that investors have their heads in the clouds.
• Q4 EBITDA expectations above all realised growth figures since 1991
• Q4 EBITDA expectations above all realised growth figures since 1991
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