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Don't Panic Yet About Weak Earnings, Says L&G's Laud
Posted
July 24, 2024
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9:10Now PlayingSonja Laud, chief investment officer at Legal & General Investment Management, says weak earnings for a number of companies in both the US and Europe does not represent a “panic moment.” Laud says the market reaction is “quite natural to what should have been anticipated,” adding that analysts and investors will look at the “repeatable and sustainable earnings profile” of most of these corporations. She spoke to Anna Edwards, Guy Johnson and Kriti Gupta on "Bloomberg: The Opening Trade."
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