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Stock impact report

Gordon Reid's Top Picks for September 17, 2024 [BNN Bloomberg (Canada)]

Griffon Corporation (GFF) 
Last griffon corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.griffon.com/investor-overview
Company Research Source: BNN Bloomberg
MARKET OUTLOOK: What are the chances that the U.S. Federal Reserve can pull off a soft landing? That is the current question financial markets are contemplating. Although equity markets are wrestling with the question there is little doubt that the betting money says that they can. The evidence is simply that markets are close to record highs and corporate earnings estimates for 2025 are buoyant. That leaves us with the elevated short-term risk that the economy slips into a recession that is not priced into the market. While concerning to some people, seasoned investors know that long-term success comes from weathering a variety of environments. Recessions are a normal stage in an economic cycle and if one were to occur in the short-term, investors who are well positioned in quality, financially sound companies will, as they always do, outperform on a relative basis and enter a new economic expansion in good shape. One of the wild cards in this cycle is the technology revolution, Show less Read more
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