Earnings growth may be partly due to reduced costs: IG North Americas CEO J J Kinahan – Video

J J Kinahan, CEO of IG North America, tells BNN Bloomberg that while the ongoing earnings season has been good so far and lived up to expectations, the growth of revenues is one caveat to the story. He says there is a floor to how much companies can reduce costs, and that without an increase in revenues, there could be a potential slowdown in earnings growth. He talks about two of their top bullish trades: GE and Freeport-McMoRan.