US Q2 earnings: a bloodbath or a pleasant surprise?

Chris Bailey, founder of Financial Orbit, tells IG's Jeremy Naylor that, whatever happens, this quarter is one of the most anticipated US earnings periods in recent history.

He says he is looking for more guidance and, where appropriate the return of dividends, however payouts will be limited. He is concerned techs may have moved ahead of themselves, but that there could well be some areas of the market that will prove themselves to be rich pickings in terms of investment opportunities.

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