3Q23 Earnings Halftime Report

By Lori Calvasina
Published October 31, 2023 | 6 min listen

Today in the podcast, we take a deep dive into the stats and commentary for 3Q23 reporting season, as of late last week with 45% of S&P 500 results in. Three big things you need to know: First, the S&P 500 stats simply aren’t strong enough to get the US equity market out of its recent malaise. Second, Small Cap trends are pretty similar to those in Large Cap, which is good for Small Caps because Large Caps no longer have an EPS advantage. Third, in our transcript reading the overarching theme so far is one of bending, not breaking, but the pessimistic tone is striking

Disclosures and Disclaimers


View audio transcript



Lori Calvasina

Lori Calvasina
Managing Director & Global Head of Equity Strategy, RBC Capital Markets


Equity MarketLori CalvasinaMarkets in MotionRBC Podcast

Stay Informed

Get the latest insights from RBC Capital Markets delivered to your inbox.