Business
Rob Buckland of Citi on profits, China and why Australia’s earnings momentum is cracking – The Australian Financial Review
China’s slowdown is weighing on Australia’s earnings outlook, with Citi tipping the ASX to deliver only tepid growth in 2022.
The first is emerging markets, which is all about the sharp slowdown in China. The second is Australia, where Buckland says has had negative earnings momentum probably for three or four months now.
What we are starting to see here is the impact of the China…
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