remember, if it's earnings season, it's rebecca corbin, corbin advisers. welcome.let's start out right at the beginning. tell me who the respondents are and the date of the survey >> inside the buy-side survey, we surveyed global institutional investors, we had 84 respondents managing $2.4 trillion and our survey ran mid- to late june of this year. >> the big question on everybody's mind, so we'll start macro, what do they think about the economy, globally, domestically >> so the economy in their eyes slowing. global growth slowing. so it's really a tale of two cities we have slowing growth, which is the negative but on the positive side, we have a low interest rate environment, a strong consumer, and the vast majority of investors that we surveyed do not see that we're going into recession in the next 12 months. >> now, having said that, can we drill down a little bit specifically on earnings and equity valuations? >> sure. so earnings is going to be a challenge period 53% of investors actually expect earnings to come in worse than consensus. we're going to see 41