Wells Fargo Asset Management
Market Commentary by Dr. Brian Jacobsen, CFA, CFP
Earnings season: Where’s the beef?
Growing up, I loved commercials. They were entertaining and short enough for my attention span. One of the best had the tagline, “Where’s the beef?” When ordering a hamburger from a fast food joint, the beef was the substance. It was also the expensive part, so restaurants would skimp on serving sizes. How about earnings season? Where’s the beef?
The question is particularly relevant this year. With the recent market volatility, it’s easy to lose sight of the underlying fundamentals of the businesses you can invest in.