JPM's Santos: Stark Economic Difference Between Investment, Consumers

The video discusses the current state of US equities, highlighting the importance of focusing on domestic demand due to global economic uncertainties. It examines the impact of trade policies on gross and operating margins, noting the pressure on US equities. The fading effect of tax cuts on earnings is analyzed, with a prediction of slower earnings growth but stable revenue growth.

What is the significance of the fading boost from the tax cut in the fourth quarter earnings?

What are the expectations for earnings growth and revenue growth this year?