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Berger: Why the threat of recession makes it a great year for trading
You might think that seasoned equity trader Serge Berger is sitting at his desk with his head in his hands, after all it's been a bleak start to the year. The S&P 500 has been smashed; with energy stocks seeing EPS down around 70% year on year. This earnings season has revealed even more wounding numbers: sales down 2.5% for S&P 500 firms. Industrials sales down 8%, the list goes on. Yet he's managing to stay positive and sees profit amid the poor results.
02:51 minutes
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