Markets Don't Have to Make New Lows on Earnings: RBC's Calvasina

The transcript discusses the bear market, focusing on earnings estimates and market trends. It highlights the need for adjustments in forecasts and the potential for market volatility. Investment strategies are explored, emphasizing the importance of recovery trades and sector performance. The role of small caps, currency impact, and valuation are analyzed, along with the potential for mergers and acquisitions. The discussion concludes with insights into leadership in market recovery and the importance of early preparation.

What factors are influencing the valuation of small caps compared to larger companies?

What role do mergers and acquisitions play in the current market recovery?

Why is it important to identify new leadership in the market recovery?