Stock Market Sell-Off Coming Amid 'Boom-Bust' Fallout, Earnings Recession: MS
Corporate earnings could slide as much as 16%, Morgan Stanley strategists previously warned.
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Corporate earnings could slide as much as 16%, Morgan Stanley strategists previously warned.
"As we move into the the second week of June, our confidence that [the] S&P 500 will gain >20% in 2023 has increased," Fundstrat's Tom Lee said.
"We are becoming increasingly worried that inflation will fall below the target by the middle of next year," Pantheon Macroeconomics said.
"Recession is foretold as central banks try to bring inflation back down to policy targets," BlackRock said.
At least not be up 70% for eggs. fox polling shows americans are not feeling so optimistic at all. 86% calling inflation their top concern now with most saying it is not at all under control. 80% describe the economy as poor or fair. nearly 3/4 of americans saying a recession is likely this year. charles, they are not economists and they are predicting things. >> they have to spend money. they say what is coming in their paychecks and how far it goes and doesn't go. they have to predict the future. i this i the word economics is a greek word that involves household budgets, right? people watch...