Gina Martin Adams joined Diane King on Schwab Network to discuss current economic conditions and the investing impact.
She noted that the inflation clock is ticking on S&P 500 profits; supply constraints and commodity price increases threaten margin expansion prospects for businesses, and consumers may start to pull back on discretionary spending while increasing spending on essentials. Earnings could face consequences of these shifts in the second half of this year.
Watch the full discussion here: https://schwabnetwork.com/video/why-tech-is-still-under-pressure-watching-finance-sector
